U.S. power conversion and embedded computing solutions provider Artesyn Embedded Technologies Inc. achieved a 16% sequential revenue increase in the quarter ended Sept. 30, 2014, a reversal of prior revenue declines, due to an increase in smartphone charger sales and stability across its other markets. We are affirming our 'B-' corporate credit rating on Artesyn and revising our rating outlook on the company to positive from stable. Our '3' recovery rating and 'B-' issue-level rating for the company's senior secured debt remain unchanged. The positive outlook reflects our expectation that, based on recent trends, Artesyn will achieve low-single-digit revenue growth and stable-to-improving EBITDA margins over the next 12 months. On Dec. 16, 2014, Standard&Poor's Ratings Services affirmed its
