Design Wins And Demand DurabilityData center is gaining momentum with design wins doubling YoY in 3Q and up more than 50% YTD.
Growth And ProfitabilityThe recent strategic shift toward delivering more complete solutions for a broader customer base is driving a strong, double-digit design win pipeline and setting up a meaningful inflection in growth and profitability.
Strategic AcquisitionsThe company announced the all-cash acquisition of Basler Electric for approximately $350M, strengthening its position in high-growth industrial markets such as grid and utility infrastructure, power generation, and data center.