Richardson Electronics, Ltd. (NASDAQ: RELL) is a global provider of engineered solutions, replacement parts and specialized components for industrial, healthcare and energy markets. Founded in 1947 and headquartered in LaFox, Illinois, the company serves original equipment manufacturers, distributors and end users through a network that spans North America, Europe and Asia.
The company operates through three primary business areas. Its Power and Microwave Technologies segment supplies power semiconductors, electronic components, vacuum tubes, radio-frequency and microwave products, and related engineering services for applications including telecommunications, industrial equipment, broadcasting and defense. Richardson Electronics also provides custom-designed power solutions and replacement components for high-power and specialized electronic systems.
Through its Green Energy Solutions business, the company develops and supplies products for renewable-energy and power-management applications, including systems and components used in wind turbines and other power-generation equipment. Its Healthcare segment provides replacement parts and service solutions for medical imaging systems, including CT, MRI and X-ray equipment. Richardson Electronics is led by Edward J. Richardson, who serves as chairman and chief executive officer.
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