Advanced Energy Industries, Inc. (Advanced Energy), designs, manufactures, sells, and supports power conversion products that transform power into various usable forms. The Company�s products enable manufacturing processes that use thin-film deposition for various products, such as semiconductor devices, flat panel displays, thin film renewables, and architectural glass. It operates in two segments: Thin Films and Solar Energy. The Thin Films business unit principally serves original equipment manufacturers (OEM) and customers in the semiconductor, flat panel display, solar panel, and other industrial capital equipment markets. The Solar Energy business unit focuses mainly on commercial and utility-scale solar projects and installations selling primarily to distributors, Engineering, Procurement, and Construction contractors (EPC�s), developers, and utility companies. In August 2014, Advanced Energy acquired UltraVolt, Inc.