Our history
1988
XP PLC founded by James Peters in the UK as a specialist distributor of power conversion products
1998
Company starts to private label products with the XP brand
2000
Lists on the London Stock Exchange and acquires two North American companies: ForeSight Electronics, a distributor and value-added engineering company based in California, and International Power Systems, based in Massachusetts, a company specialising in private labelled products
2002
Acquires Switching Systems International, a California-based company with its own configurable product line and design team with outsourced manufacturing. This transforms the company's business model from distributor to designer
2006
XP Power becomes a manufacturer through a joint venture with its main contract manufacturer and starts production in its Chinese facility, 100km northwest of Shanghai
2008
The manufacturing joint venture is bought out and the company starts construction of a new state of the art facility on the existing site in Kunshan
Joins Responsible Business Alliance and launches XP Power Environmental Committee
2012
The company opens the most environmentally friendly manufacturing facility in the industry near Ho Chi Minh City, Vietnam and starts production of magnetic components
2014
The first production of power converters begins in Vietnam
2015
Acquisition of California-based EMCO High Voltage, expanding the company's product line into high voltage DC-DC modules
2017
Acquisition of Comdel in Massachusetts, expanding the company's product line into Radio Frequency (RF) power conversion
2018
Acquisition of Glassman High Voltage in New Jersey, expanding the company's product line into the high voltage/high power market
Doubles the size of manufacturing facility near Ho Chi Minh City and triples Vietnam revenue capacity
2020
Admitted into the FTSE250
2022
Acquisition of FuG Electronik GmbH and Guth Electronik GmbH in Germany, extending XP Power’s high voltage capabilities in Europe