Canadian Solar Acquires SpectraWatt for $4,945,000
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb16143e-691a-47be-b217-17fefff05c1b&Preview=1 -
Date
9/30/2011 -
Company Name
SpectraWatt -
Mailing Address
2070 Route 52, Bldg 334 Zip 23A Hopewell Junction, NY 12533 -
Company Description
SpectraWatt will manufacture and supply photovoltaic cells to solar module makers. In addition to focusing on advanced solar cell technologies, SpectraWatt will concentrate development efforts on improvements in current manufacturing processes and capabilities to reduce the cost of photovoltaic energy generation. -
Website
http://www.spectrawatt.com -
Transaction Type
M&A -
Transaction Amount
$4,945,000 -
Transaction Round
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Proceeds Purposes
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M&A Terms
The acquisition of capital equipment and assets was paid for with all cash.
