MEMC INT'L. (WFR -NYSE) The Sleeping Giant? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: JakeStraw	5/27/2010 2:43:12 PM
	Read Replies (1) of 4697

MEMC Makes Another Good Solar Acquisition static.seekingalpha.com On May 24, 2010, WFR announced a definitive agreement with Santa Clara, California based Solaicx, a privately held manufacturer of low-cost, high-quality silicon ingots. The acquisition is a positive move as Solaicx’s innovative and advanced manufacturing technology will enable WFR to reduce costs and improve efficiency. Particularly so since the other solar acquisitions in recent times have shown results on its margins. Last year, the company acquired solar fab developer SunEdison for $200 million and followed it up with a solar financing outfit called Tioga Energy. The Solaicx acquisition is further evidence of the fact that WFR is very serious about its solar strategy.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next