SunPower To Acquire Italian Systems Integrator >SPWR
Dec 13, 2007 08:19:49 (ET)
DOW JONES NEWSWIRES
SunPower Corp. (SPWR) signed a definitive agreement to acquire Solar Solutions, a solar systems integration and product distribution company in Faenza, Italy.
The San Jose, Calif., solar system manufacturer expects the transaction to close in the first quarter of 2008.
SunPower predicts the deal will add to non-GAAP net income in 2008.
The company didn't disclose terms of the agreement.
-Shara Tibken; 201-938-5400, AskNewswires@dowjones.com
(END) Dow Jones Newswires
December 13, 2007 08:19 ET (13:19 GMT)