CUI Global's Subsidiary, CUI Inc., Successfully Deploys its Software Defined Power Solutions (ICE Block) to Industry-Leading Data Center Operators
CUI GLOBAL (CUI)
Last cui global earnings: 11/7 05:30 am
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Source: PR Newswire
TUALATIN, Ore., Feb. 22, 2017 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI) announced today that its wholly-owned subsidiary, CUI Inc. (CUI), has successfully deployed initial test units of its Intelligent Control of Energy ("ICE") Block technology. Deployment of the units highlight ICE Block's peak shaving capabilities and includes a new ICE Switch product that further unlocks power capacity for the customer. CUI and Virtual Power Systems (VPS) announced a partnership in 2016 for VPS' ICE® solution that brings the benefits of elastic power to data centers and sets a new standard for efficient power infrastructure. The initial trial evaluations are being conducted by three key data center market participants and respective leaders in their business segments:One, a data center and a Fortune 500 company, has its own data center infrastructure in multiple states serving millions of consumer transactions and financial product portfolios across North America. This
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