Tech Company M&A Transactions
SpectraWatt Acquisition
SpectraWatt, based in Hopewell Junction, was acquired by Canadian Solar. The parties disclosed the acquisition price to be $4.9 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/30/2011
Transaction Type
M&A
Amount
$4,945,000
M&A Terms
The acquisition of capital equipment and assets was paid for with all cash.
Company Information
Company Status
Acquired or Merged
Industry
Alternative Energy
Mailing Address
2070 Route 52, Bldg 334 Zip 23A
Hopewell Junction, NY 12533
USA
Hopewell Junction, NY 12533
USA
Phone
Website
Email Address
Overview
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.
Management Team
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