Plug Power buys fuel-cell stack maker ReliOn for $4 mln

April 2 Wed Apr 2, 2014 5:11pm EDT

April 2 (Reuters) - Plug Power Inc said it bought hydrogen fuel-cell stack technology provider ReliOn Inc for about $4 million in an all-stock deal.

Plug Power said it expects the acquisition to add to earnings in 2015.

ReliOn also develops fuel cell systems.

(Reporting by Shubhankar Chakravorty in Bangalore; Editing by Sriraj Kalluvila)