Lite-On Technology, a global leading Opto-electronic component manufacturer based in Taiwan, announced today that the Board has approved a cash acquisition of 100% stake of Power Innovations International Inc., a private U.S. company offering power management solutions for a wide variety of market segments, including aviation, exploration, military, emergency services, industrial and medical applications worldwide. The acquisition is expected to further strengthen Lite-On’s power management and system integration capabilities in Cloud Computing. Headquartered in A...