N2Power was founded in 1998. In July, 2002 Qualstar Corporation (Nasdaq: QBAK), a leading manufacturer of automated tape storage solutions, acquired N2Power and the company relocated within Qualstar’s main facility in Simi Valley, California. N2Power designs and manufactures small, efficient open-frame switching power supplies based on patented technology. Its products are engineered for applications where cost, space, packaging, electrical consumption and heat dissipation are important considerations.