VC-backed Plextronics files for bankruptcy, gets $32.6 mln buyout offer - VentureWire
According to VentureWire, Pittsburgh-based Plextronics has filed for bankruptcy. The outlet reported that existing investor Solvay SA has made a $32.6 million buyout offer for the printed electronics developer. Plextronics's backers include Applied Ventures, Birchmere Ventures , Draper Triangle Ventures, Firelake Capital Management, Innovation Works, Newlin Investment Co. and Solvay North America Investments.
17 January 2014•1 min read
