Deal announced Dec 2012 · Hillsboro, Ore. Verified
ClearEdge Power to Acquire UTC Power
ClearEdge Power, a fuel cell manufacturer, announced an agreement to acquire UTC Power, a fuel cell unit of United Technologies Corp. The deal is expected to close in early 2013.
“ClearEdge Power, a manufacturer of fuel cell systems, announced that it has reached an agreement to acquire UTC Power, a unit of United Technologies Corp., which also develops and manufactures fuel cells.”
Entities
ClearEdge Power · Acquirer UTC Power · Target United Technologies Corp. · Parent
Other Sentiment: Neutral
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