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Echelon signs definitive agreement with S&T AG to purchase its grid operations

Friday, 22 Aug 2014 03:50am EDT 

Echelon Corp:Signs definitive agreement to sell its Grid operations to S&T AG.Closing is conditioned upon regulatory approvals.Companies expect the deal to close by the end of the year.Under the terms of the agreement, Echelon will receive about $5 mln in upfront consideration. 

Company Quote

20 Nov 2014