Tesla completes acquisition of Maxwell, officially takes over the battery technology

After a few months of formalities, Tesla announced today that it has finally completed its acquisition of Maxwell and it will officially be able to take over its battery technology.
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Tesla acquires ultracapacitor and battery manufacturer for over $200 million

Tesla hasn’t been known for making many acquisitions, but we’ve now learned that it has reached an agreement to acquire ultracapacitor and battery component manufacturer Maxwell based in California.
It’s the automaker’s 5th important acquisition to date.
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