Tech Company M&A Transactions
Makani Power Acquisition
Makani Power was purchased by Google. The transaction became public on 5/23/2013. No transaction price was announced.
Transaction Overview
Company Name
Acquired By
Announced On
5/23/2013
Transaction Type
M&A
Amount
Unknown
M&A Terms
Financial terms of the transaction were not disclosed by the parties.
Company Information
Company Status
Acquired or Merged
Industry
Alternative Energy
Mailing Address
2175 Monarch Street
Alameda, CA 94501
USA
Alameda, CA 94501
USA
Phone
Website
Email Address
Overview
Makani Power is developing Airborne Wind Turbines (AWT) to extract energy from powerful, consistent winds at altitude. Makani AWTs will produce energy at an unsubsidized real cost competitive with coal-fired power plants, the current benchmark of the lowest cost source of power.
Management Team
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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