Tesla to buy battery tech maker Maxwell Technologies for US$218 million

By on
Tesla to buy battery tech maker Maxwell Technologies for US$218 million

All stock deal for energy storage company.

Tesla Inc has agreed to buy energy storage company Maxwell Technologies Inc for US$218 million in an all-stock deal that could help the electric car maker produce batteries that hold more energy and last longer at a time when it needs to cut costs and faces growing competition. Tesla is rapidly ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
hardware tesla

Most Read Articles

The CIO moves that made headlines in 2019

The CIO moves that made headlines in 2019
Google adds IBM Power to its cloud

Google adds IBM Power to its cloud
NBN Co reveals active Sky Muster users within 25km of city centres

NBN Co reveals active Sky Muster users within 25km of city centres
Defence, Tax Office fork out millions to keep Windows 7 secure for another year

Defence, Tax Office fork out millions to keep Windows 7 secure for another year
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Are you getting profitable outcomes from your IT?
Are you getting profitable outcomes from your IT?
Your Microsoft Security journey starts here
Your Microsoft Security journey starts here
Is your AWS framework well-architected?
Is your AWS framework well-architected?
Why you should reassess your cybersecurity posture
Why you should reassess your cybersecurity posture
How will you manage the cloud data deluge?
How will you manage the cloud data deluge?

Events

Log In

Username / Email:
Password:
  |  Forgot your password?