Silver Lake PIPEs Power-One

Power-One Inc. (Nasdaq: PWER), a Camarillo, Calif.–based provider of power conversion and power management solutions, has raised $60 million in PIPE financing from Silver Lake Sumeru. The deal includes $23.6 million in convertible preferred stock, $36.4 million in senior convertible notes due 2019 and 8.7 million warrants for Power-One common stock.

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