Eltek is a global

electric power conversion In all fields of electrical engineering, power conversion is the process of converting electric energy from one form to another. A power converter is an electrical or electro-mechanical device for converting electrical energy. A power converter c ...

specialist that develops and markets systems for

telecommunications Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ...

and industrial applications. The company is based in

Drammen Drammen () is a city and municipality in Viken (county), Viken, Norway. The port and river city of Drammen is centrally located in the south-eastern and most populated part of Norway. Drammen municipality also includes smaller towns and village ...

Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and t ...

. As of 2018 it has approximately 2000 employees, with offices in 40 countries.

History

ELTEK is a Norwegian-based company that specializes in

designing A design is a plan or specification for the construction of an object or system or for the implementation of an activity or process or the result of that plan or specification in the form of a prototype, product, or process. The verb ''to design'' ...

manufacturing Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a r ...

, and distributing power supplies for various industrial and commercial applications. Founded in 1971, the company initially focused on manufacturing electronic equipment for the military, but later expanded its product line to include power supplies for various applications. In the 1990s, ELTEK shifted its focus to the rapidly growing telecommunications industry and found great success. Today, the company operates in over 100 countries and serves customers in a variety of industries, including telecom, data center, power utilities, and transportation. In 1998,The company was listed was listed on the

Oslo Stock Exchange Oslo Stock Exchange ( no, Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, deriv ...

. under the name Eltek ASA. In 2007 the company bought the

Texas Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...

-based Valere Power. In 2015, Eltek ASA was acquired by

Delta Electronics Delta Electronics, Inc. (also known as DELTA or Delta Electronics), is a Taiwanese electronics manufacturing company. Its headquarters are in Neihu, Taipei. It is known for its DC industrial and computer fans and for switching power supplies. T ...

, was delisted from the Oslo Stock Exchange, and changed its name to Eltek Power Systems AS. It is now simply known as Eltek, and continues as a division of Delta Group.

References

{{Authority control Engineering companies of Norway Companies based in Drammen Electronics companies established in 1970 Companies formerly listed on the Oslo Stock Exchange 2015 mergers and acquisitions 1970 establishments in Norway