ClearEdge Power to acquire UTC Power fuel cell unit from United Technologies

Fuel cell manufacturer ClearEdge Power announced an agreement to acquire UTC Power, a fuel cell unit of United Technologies Corp. The transaction was subject to customary closing conditions with closing expected in early 2013.

“HILLSBORO, Ore. — 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.”

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