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Artesyn Embedded Technologies, Inc. -- Moody's says proposed sale of Artesyn Embedded Technologies' Embedded Power business is credit positive; no impact on ratings

Moody's Investors Service ("Moody's") said that the announced plan to sell Artesyn Embedded Technologies, Inc.'s ("Artesyn", or the "company") Embedded Power business to Advanced Energy Industries, Inc. is credit positive but does not affect the ratings of Artesyn including its Caa1 corporate family rating and negative outlook. Artesyn is a portfolio company of Platinum Equity.