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Calnetix Buys Vycon

socalTECH

NOVEMBER 20, 2014

Cerritos-based Calnetix Technologies said this morning that it has acquired VYCON , the developer off flywheel-based energy storage systems. VYCON''s flywheel technology has been used for storing energy in subway systems, for wind power generation, and other areas. Financial terms of the buy were not disclosed. READ MORE>>.

Cerritos 159
Cerritos Venture Capital Acquisition Capital 159
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Direct Drive Systems Acquired for $120M

socalTECH

SEPTEMBER 10, 2009

Cerritos-based Direct Drive Systems , a developer of high speed motors for the oil and gas industry, has been acquired by Houston-based FMC Technologies, FMC said earlier this week. Tags: direct drive systems merger acquisition motors. Direct Drive is a spinout of Calnetix.

Cerritos 140
Cerritos Offshore Acquisition Platform 140
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