Tesla to acquire energy tech firm Maxwell Technologies for $218m

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Maxwell's acquisition is Tesla's fifth since 2015. Image via Pixabay
Image:

Maxwell's acquisition is Tesla's fifth since 2015. Image via Pixabay

Tesla to pay 55 per cent premium to get its hands on Maxwell's ultracapacitor technology

Tesla has agreed to acquire battery technology company Maxwell Technologies in an all-stock deal valuing the 'dry electrode' developer at $218 million. The deal ought to enable the electric vehicle...

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