Oregon Solar Parts Maker PV Powered Bought by Colorado's Advanced Energy

Just a little acquisition by Colorado's Advanced Energy for a cool $90 million. The purchased company, PV Powered out of Oregon, makes solar PV inverters for residential and smaller commercial customers. Advanced Energy focuses on selling inverters (amongst other solar products) to larger commercial customers. Looks like Advanced Energy is expanding into other markets and will also benefit from PV Powered's large manufacturing operations. Keep an eye on Colorado's Advanced Energy.