Potentia sold

Ottawa’s Potentia Semiconductor, a maker of power distribution chips for powerful electronic devices, has been bought by San Jose-based Power Integrations for about $5.5 million. Both companies make chips to replace the large, power-hungry transformers which convert the electricity from wall outlets with smaller, lighter and more energy-efficient power supply. Power Integrations says it intends to use Potentia to form an analog design group. Potentia’s VP of engineering, Roger Colbeck, will manage the Ottawa design facility. All 16 of Potentia’s staff in Ottawa and China are being retained.

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