Friday, March 2, 2012

Solar shakeout: Oerlikon Solar to be sold to Tokyo Electron

From PV Tech:
Oerlikon Group’s loss-making Oerlikon Solar, the originator of the turnkey thin film business model with a-Si and tandem-junction thin film technology is being sold to Japan’s leading semiconductor equipment supplier, Tokyo Electron (TEL). Oerlikon is focusing on its other engineering divisions as part of revenue growth avenues. The deal is expected to be concluded over the next few months with more details to be provided on Monday when quarterly results are reported. Financial details were not disclosed. TEL had been a sales representative in Asia for the thin film technology....MORE