A123 Systems fka AONEQ

[carrier898]

This is translated from Japanese so dont mind the gramar. I like it, enjoy. (from http://www3.nhk.or.jp/news/html/20121129/k10013830751000.html)

Acquisitions of U.S. companies aim accumulator NEC
November 29, 20:04 minutes

Since the increase in demand to strengthen the business of "storage battery" is expected globally, NEC's major electronics manufacturers, the policy to participate in the bidding to determine the buyer of the business of manufacturers storage battery was an American bankruptcy, aim the acquisition hardened.

Of business of the manufacturer "A123 Systems' battery of America, NEC aims for the acquisition is a business such as a battery to be used for" smart grid "is a next-generation power grid.
Last Mon, "A123 Systems" is expected to make bids early next month filed for Chapter 11 bankruptcy hitting the Civil Rehabilitation Law of Japan, decide where the sale of the business.
That's according to people familiar with the matter, NEC has decided to aim for the acquisition to participate in this tender, the amount applied to the acquisition is that there is a possibility that more than ¥ 10 billion in the end.
"Smart Grid", the demand for storage battery serves to supply power when it is a power grid generation essential to the spread of renewable energy such as solar power generation amount fell under the influence, such as weather World It is expected to rise on their own.
I found this for, shall NEC to strengthen its business through acquisitions storage battery, is aimed to raise new revenue to the pillar of the sale of smart grid-related system.
However, seen in the bidding companies to participate in the U.S., Europe and Asia, is also expected to be a fierce battle.