Tesla to acquire ultracapacitor developer Maxwell Technologies

By Charles Morris Tesla plans to to acquire Maxwell Technologies at a price of $4.75 per share, or over $200 million. The merger, which was unanimously approved by Maxwell’s board of directors, is to be finalized around the second quarter of 2019.
Maxwell is based in San Diego and has about 380 employees. The …read more

Source:: https://chargedevs.com/newswire/tesla-to-acquire-ultracapacitor-developer-maxwell-technologies/