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Lithium Werks acquires Valence Technologies, Inc.

Lithium Werks acquires Valence Technologies, Inc.

Lithium Werks B.V. (www.lithiumwerks.com), a fast growing lithium ion battery and portable power solutions group, announced today that they have acquired substantially all the assets of ValenceTechnologies, Inc Demigat download. (www.valence.com) including the customer relationships, global manufacturing, sales
and distribution locations along with all of Valence’s Proprietary Lithium Magnesium Iron Phosphate intellectual property (IP), trademarks, and inventory 여자친구 밤 mp3 다운로드. The IP portfolio also includes patents on high voltage battery materials for potential future battery breakthroughs.
Lithium Werks B.V. with its subsidiaries in USA, Europe and China, intends to continue supplying the high quality Valence Modules and Battery Management System to global energy storage customers, as well as introduce new form factors and enhanced Battery Management Systems improving both energy
and power densities while extending functionality eclipse android sdk 다운로드.
“We are excited about the new opportunities that Valence provides to expand the Lithium Werks product offering for our customers”, said T. Joseph Fisher III, CEO, president and co-founder of Lithium Werks 소니 베가스 다운로드. “It’s a very complimentary fit with talented people, innovative technologies, world class lithium battery solutions and leading OEM customers.” 얀데레 시뮬레이션 스킨 다운로드.
“This is the first acquisition of Lithium Werks and it immediately provides the company with a strong global presence”, said Knut H. Nylaende, chairman and co-founder 셔플 노래 다운로드. Nylaende is CEO of Xeilon AS a Norwegian private equity group that specializes in providing formation capital for companies with strong management teams and global opportunities tomorrow movies. Xeilon led the funding of the transaction.
Valence Technologies, Inc. was originally formed in 1989 and is recognized as a global leader in Lithium Iron Phosphate cells, modules and scalable power systems, featuring long lasting, safe and reliable energy solutions Fedora 12 download. Valence was the first to introduce lead acid replacement batteries that featured Lithium Iron Phosphate chemistry positioning Lithium Werks to overtake traditional lead acid
dominated industries such as material handling, UPS, and stationary energy storage 윈드 로이드 다운로드.

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