Deal closed Apr 2011 · Blacksburg, Virginia, USA Verified
Regal Beloit acquires switched-reluctance motor startup Ramu Inc.
Regal Beloit Corp. acquired Ramu Inc., a Blacksburg, Va. motor and control technology startup backed by venture firm Khosla Ventures, to integrate switched reluctance motor technology into its motor portfolio.
“BELOIT, Wis. - Regal Beloit Corp. announced that it has 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
Other
Source: www.achrnews.com
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.