Applied Materials Buys Advent Solar Assets
Applied Materials Inc. (Nasdaq: AMAT) has acquired the assets of Advent Solar Inc., an Albuquerque, N.M.-based maker of solar cells and modules. No financial terms were disclosed. Advent Solar had raised around $114 million in VC funding, from firms like @Ventures, Battery Ventures, EnerTech Capital, Firelake Capital,, Globespan Capital Partners, New Mexico Co-Investment Partners, Sun Mountain Capital and ZBI Ventures.
9 November 2009•3 mins read
