The story
Eltek was a Norwegian-based company that specialized in designing, manufacturing, and distributing power supplies for various industrial and commercial applications. Founded in 1971, the company initially focused on manufacturing electronic equipment for the military, but later expanded its product line to include power supplies for various applications. In the 1990s, Eltek shifted its focus to the rapidly growing telecommunications industry and found great success. Today, Eltek-branded products are available in over 100 countries, serving customers across industries such as telecom, data centers, power utilities, and transportation.
In 1998, the company was listed on the Oslo Stock Exchange. under the name Eltek ASA. In 2007 the company bought the Texas-based company Valere Power, and changed its name to Eltek Valere AS. In 2011, the company changed its name again to Eltek AS.
In 2015, Eltek ASA was acquired by Delta Electronics, and delisted from the Oslo Stock Exchange. In 2023, the company name changed to Delta Electronics (Norway) AS, with Eltek continuing as a brand within the Delta Electronics organization. Delta Electronics Norway (AS) continues to operate from Drammen, where Eltek was founded and had its headquarters.
From Wikipedia’s article on Eltek, shared under CC BY-SA 4.0.4