Richardson Electronics, Ltd.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Edward J. Richardson
- Full Time Employees
- 407
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- Address
- 40W267 Keslinger Road LaFox IL United States of America 60147-0393
- IPO Date
- Oct 28, 1983
- CIK
- 0000355948
- Website
- rell.com
- Similar Companies
- Business
- Richardson Electronics, Ltd. is a global enterprise specializing in engineered solutions, power and microwave technologies, advanced display systems, and essential components for various industries across North America, Asia Pacific, Europe, and Latin America. The company, established in 1947 and headquartered in LaFox, Illinois, has evolved to provide high-value, manufactured and distributed products, with over half of its offerings either produced in-house or exclusively by partners to stringent specifications. Its Power and Microwave Technologies (PMT) and Green Energy Solutions (GES) segments deliver high-power and radio frequency (RF) products, including power grid and microwave tubes, along with solid-state RF and power conversion components. These solutions support diverse applications such as semiconductor fabrication equipment, broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, radar, and radiation oncology. The Green Energy Solutions focus extends to products for renewable energy sectors like wind, solar, hydrogen, electric vehicles, and specialized power management systems for applications such as synthetic diamond manufacturing. Recent strategic developments include global partnerships for advanced silicon-based power switches for electric vehicles and renewable energy, and collaborations to provide pitch control systems for wind turbines in North America. Furthermore, the company is expanding its operations to encompass battery energy storage systems. The Canvys division specializes in sophisticated visual technology solutions, functioning as a value-added integrator and manufacturer of custom displays. This includes tailor-made touchscreens, robust protective panels, all-in-one computing units, bespoke enclosures, and application-specific software packages, complete with necessary certifications for medical, industrial, corporate, financial, and original equipment manufacturer markets. Regarding its Healthcare sector, Richardson Electronics strategically sold a majority of its assets to DirectMed Imaging in January 2025, while retaining specific key operations. The company maintains an exclusive decade-long global agreement to supply DirectMed with repaired Siemens CT X-ray tubes and continues the manufacture of ALTA CT X-ray tubes for a transitional period. The remaining activities of its Healthcare segment, primarily focused on CT X-ray tube manufacturing and repair, have been integrated into the PMT business unit. The company historically served a wide array of customers in the healthcare market, including hospitals, medical centers, and independent service organizations.
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