Flexible Electronics News

HelioVolt Seeking Strategic Investment Alternatives

Considering a range of alternatives, including investments, JVs or an M&A transaction

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By: DAVID SAVASTANO

Editor, Ink World Magazine

HelioVolt announced that its Board of Directors has authorized the evaluation of strategic alternatives for the company’s photovoltaic development and manufacturing business. In order to maximize value in its world-leading CIGS technology, the company intends to consider a range of alternatives, including investments, joint ventures or an M&A transaction that fits its strategic objectives. The company has suspended manufacturing operations to align its short-term cost structure with the o...

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