Power technology companies The Switch and American Superconductor Corporation (NASDAQ: AMSC) have announced that AMSC intends to acquire The Switch, a Vantaa based cleantech company that creates generator and converter packages for the wind energy industry.
» Read the press release | » Read more at Arctic Startup
Note! The Switch shareholders and AMSC announced on October 31 that they have agreed to terminate the acquisition agreement, dated on March 12 and as amended on June 29, 2011, due to adverse market conditions for the financing required to fund the acquisition.
Read more: http://www.theswitch.com/
