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Business October 13, 2006
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Electronics manufacturer purchased by Power-One
     Camarillo-based Power-One announced its recent acquisition of the Power Electronics Group of Magnetek Inc. for $71.7 million. As part of the deal, Power-One assumed about $17 million in debt from the Chatsworth company. The deal is expected to close in October.
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Zinc Matrix wins technology award
     Zinc Matrix Power, developer of new, rechargeable battery technology based on silver, zinc and water, has won Intel's "Technology Innovation Accelerated" award in the mobility category.
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