United Technologies to divest UTC Power unit to ClearEdge Power

HARTFORD, Conn., 26 Dec. 2012. United Technologies Corp. (NYSE:UTX) will divest its UTC Power fuel cells unit to ClearEdge Power in Hillsboro, Ore. 

Divesting UTC Power is part of UTC's ongoing portfolio transformation to focus on its core, aerospace and building systems.

Terms of the agreement were not disclosed. The transaction is subject to customary closing conditions. Closing is expected early in 2013.

Easily post a comment below using your Linkedin, Twitter, Google or Facebook account.

Related Products

RR2P Removable Canister RAID System

Transportable data storage for mobile field use aboard planes, ships and ground transpo...

API DC Link Power Film Capacitors

High reliability DC link capacitors for power inverter applications which require super...

Silicones

Master Bond’s silicones are available in both one part and two part versions that offer...

Related Companies

Innovative Integration

  Since 1988, Innovative Integration has grown to become one of the world's leading supplier...

Winchester Systems Inc

At its founding in 1981, Winchester Systems introduced its first 5 MB disk system for Intel devel...

API Technologies Corp

Who We Are API Technologies is a dominant technology provider of RF/microwave, microelectronics, ...

Most Popular Articles


Wire News provided by   

 

All Access Sponsors


Follow Us On...