Does anybody know what's happening with Xantrex? I had an item I had to return for warranty work which I sent several weeks ago. I never heard back from them and now, when I call, I get a message that Xantrex is closed "for the day" due to "circumstances beyond our control". Does anybody know what's up with them? I hope they haven't invested in the the housing market!
Xantrex?
- Thread starter John
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Sure Hope Not
At a quarter billion annual revenue, I would think they wouldn't have something happen to them overnight (up to a few weeks ago anyway!).
The website is still chugging along and there isn't anything to hint of a problem.
Let us know what you find! I have a chunk of change into their products as do many others here.
At a quarter billion annual revenue, I would think they wouldn't have something happen to them overnight (up to a few weeks ago anyway!).
The website is still chugging along and there isn't anything to hint of a problem.
Let us know what you find! I have a chunk of change into their products as do many others here.
Xantrex
Hi John;
Just copied this from the Xantrex web site, looks like they have been bought out, but will continue in business. More info is available from them.
VANCOUVER, B.C., September 29, 2008 - Xantrex Technology Inc. (TSX:XTX, "Xantrex") announced today the completion of the plan of arrangement with Schneider Electric S.A. ("Schneider Electric") pursuant to which an affiliate of Schneider Electric acquired all of the outstanding common shares of Xantrex for a cash purchase price of C$15.00 per common share.
Mossadiq Umedaly, past Chairman of Xantrex, stated "We would like to take this opportunity to thank our directors, shareholders, management, employees, customers and other stakeholders for their support, and look forward to being able to better serve customers around the world with complete renewable power systems solutions and service through Schneider Electric’s outstanding global distribution, supply chain and service network".
Hi John;
Just copied this from the Xantrex web site, looks like they have been bought out, but will continue in business. More info is available from them.
VANCOUVER, B.C., September 29, 2008 - Xantrex Technology Inc. (TSX:XTX, "Xantrex") announced today the completion of the plan of arrangement with Schneider Electric S.A. ("Schneider Electric") pursuant to which an affiliate of Schneider Electric acquired all of the outstanding common shares of Xantrex for a cash purchase price of C$15.00 per common share.
Mossadiq Umedaly, past Chairman of Xantrex, stated "We would like to take this opportunity to thank our directors, shareholders, management, employees, customers and other stakeholders for their support, and look forward to being able to better serve customers around the world with complete renewable power systems solutions and service through Schneider Electric’s outstanding global distribution, supply chain and service network".
Information on Schneider Electric
Huge global company
http://www.schneider-electric.com/sites/corporate/en/home.page
Huge global company
http://www.schneider-electric.com/sites/corporate/en/home.page
Just got off the phone with them
To keep you updated:
I just got off the phone with the person who's been helping me. He said that they have received the item I sent them (a Link 1000) and will be shipping me a replacement. It seems they are a little slow in this sort of thing (warranty replacements/repairs) since they are not set up for retailing, but assuming that his report is accurate, then I have no complaints. As for yesterday - he said that they had a problem with their phone system.
To keep you updated:
I just got off the phone with the person who's been helping me. He said that they have received the item I sent them (a Link 1000) and will be shipping me a replacement. It seems they are a little slow in this sort of thing (warranty replacements/repairs) since they are not set up for retailing, but assuming that his report is accurate, then I have no complaints. As for yesterday - he said that they had a problem with their phone system.
losing track here
Let's see: Xantrex acquired both Hart Freedom and Prosine, and then was acquired by whom?
Bottom line: the next inverter you buy will be manufactured by a corporation that bought out all of its competitors. We used to call that a monopoly.
Let's see: Xantrex acquired both Hart Freedom and Prosine, and then was acquired by whom?
Bottom line: the next inverter you buy will be manufactured by a corporation that bought out all of its competitors. We used to call that a monopoly.
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