Friday, April 25, 2008

Active Power Renews OEM Deal With Caterpillar

Austin-based Active Power, a provider of uninterruptible power supply systems, said Thursday that it has signed an OEM agreement with Caterpillar, inc. According to Active Power, the firms have signed a new three year contract, and caterpillar will continue to market Active Power's products under its brand. Active Power develops flywheel-based UPS systems, which are used to provide backup power to data centers, healthcare facilities, the government, and other markets.