Flexible Electronics News

Energy Conversion Devices and Solar Integrated Technologies Sign Definitive Merger Agreement

Field engineering and technical capabilities of combined organizations to enhance customer experience

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Energy Conversion Devices, Inc. (ECD), the leading global manufacturer of thin-film flexible solar laminate products for the building integrated and commercial rooftop markets, and Solar Integrated Technologies, Inc. (SIT) , a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced that they have signed a definitive agreement pursuant to which ECD will acquire SIT. Under the terms of the agreement, ECD will pay 6.75 pence in cash (or approximately $0.11) for eac...

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