Eltek is a global electric power conversion specialist that develops and markets systems for telecommunications and industrial applications. The company is based in Drammen, Norway. As of 2018 it has approximately 2000 employees, with offices in 40 countries.

History

The company dates back to 1970. In 1998 it 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-based Valere Power. In 2015, Eltek ASA was acquired by Delta Electronics, 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