News

SK Group and Heliovolt Corporation Announce Investment and Global Expansion Alliance

Seoul, Korea and Austin, TX. SK TIC and SK Innovation, members of the SK Group, Korea’s energy, chemicals and telecommunications giant, and HelioVolt Corporation, a U.S. based manufacturer of high-efficiency thin-film photovoltaic modules, today announced that the companies have reached an agreement to collaborate on technology development and global manufacturing expansion.

Moog Acquires Crossbow Technologies Inc

East Aurora, NY – Moog Inc. (NYSE: MOG.A and MOG.B) announced today that it has acquired Crossbow Technology Inc. Crossbow, headquartered in Milpitas, CA, is a designer and manufacturer of acceleration sensors that are integrated into inertial navigation and guidance systems. The products are used in a variety of aerospace, defense and transportation applications. The purchase price is approximately $32 million, net of Crossbow’s cash balances.

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