Advanced Energy Industries, Inc., together with its subsidiaries, designs, manufactures, sells, and supports power conversion and control products that transform power into various usable forms. The company operates through two segments, Precision Power Products and Inverters. The Precision Power Products segment offers thin film deposition power conversion systems, including direct current (DC), pulsed DC low frequency, high voltage, and radio frequency (RF) power supplies, as well as matching networks, and remote plasma sources for reactive gas applications and RF instrumentation. Its power conversion systems are used by semiconductor, solar panel, and similar thin film manufacturers, including flat panel display, data storage, industrial hard coating and ophthalmic optical coating equipment makers, and architectural glass manufacturers. This segment also provides power control modules and thermal instrumentation products for rapid thermal processing, chemical vapor deposition, crystal growing, and other semiconductor and solar applications, as well as in chemical processing, glass manufacturing, and other general industrial power applications. In addition, it offers repair services; and conversions, upgrades, and refurbishments services. The Inverters segment offers solar power inverters that provide transformer-based and transformerless advanced grid-tied PV solutions to convert renewable solar power into electrical power, as well as integrated monitoring and performance measurement services. This segment sells its products to distributors, developers, and utility companies, as well as to engineering, procurement, and construction contractors. The company sells its products through direct sales force, and independent sales representatives and distributors in North America, Europe, and Asia. Advanced Energy Industries, Inc. was founded in 1981 and is headquartered in Fort Collins, Colorado.