Excell: Ultralife acquires Canadian smart battery manufacturer

Ultralife Corp. has acquired Excell Battery Group for $23.5 million in cash. Based in Canada with U.S. operations, Excell is an independent designer and manufacturer of high-performance smart battery systems, battery packs and monitoring systems to customer specifications. Excell serves a variety of industrial markets including downhole drilling, OEM industrial and medical devices, automated meter reading, ...