Deal closed May 2011 · Beloit, Wis. / Blacksburg, Va. Verified
Regal Beloit acquires Ramu Inc. (switched reluctance motor technology)
Regal Beloit acquired Ramu Inc., a Khosla Ventures-backed motor and control technology startup developing switched reluctance motor technology for HVAC and other applications.
“BELOIT, Wis. - Regal Beloit Corp. acquired Ramu Inc., a motor and control technology company headquartered in Blacksburg, Va., backed by the venture capital firm Khosla Ventures.”
Entities
Khosla Ventures · Sponsor Ramu Inc. · Target Regal Beloit Corp. · Acquirer
HVAC
Source: www.achrnews.com
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