Soitec Group Buying Concentrix Solar
The Soitec Group has agreed to acquire an 80% stake in Concentrix Solar GmbH, a Germany-based provider of concentrated photovoltaic solar systems, at a total enterprise value of €55 million. Concentrix was formed in 2005 as a spinout from the Fraunhofer ISE, and received an undisclosed amount of VC funding from Good Energies.
11 December 2009•6 mins read
