United Arab Emirates-based solar cell maker Microsol has acquired the key assets of Solon and its subsidiaries, including U.S.-based Solon Corp, the insolvent German solar group said.
About 600 jobs worldwide have been transferred from Solon to the newly formed Solon Energy GmbH and other affiliates, the company said.
The purchase price was not disclosed. Solon said an approval by Italian authorities was still pending.
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