- Published: 01 May 2017 01 May 2017
Maxwell Technologies has announced that it has completed its acquisition of substantially all of the assets and business, including the operating entities, of Nesscap Energy, Inc.
Nesscap's small and medium cell ultracapacitor technology complements Maxwell's large cells technology. The Nesscap business includes research, development and manufacturing of energy storage and power delivery solutions with operations in Korea, Germany, and China. The key benefits of the transaction include expanded and solidified opportunities in the wind energy, automotive, and industrial markets.