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25 Jul
11:27

Group14 Technologies acquires Schmid Silicon, deepens European expansion

US silicon battery firm Group14 Technologies says it has acquired Germany-based silane producer Schmid Silicon from Schmid Group in a move to support its European operations, Kallanish learns. As part of the deal, the Washington-based company will bring online Schmid Silicon’s silane factory in Spreetal, Germany, helping it localise integrated silicon battery technology manufacturing in Europe. It plans to retain all current Schmid Silicon employees and expe…
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