N2telligence: Fuji Electric Acquires Germany's N₂telligence to Strengthen Fuel Cell Business

Fuji Electric Co., Ltd. has announced that its European subsidiary, Fuji Electric Europe GmbH has completed an agreement to acquire 70% of the shares of N2telligence, a German fuel cell company headquartered in Wismar, Germany, best known for holding the exclusive license for the patent on a fire prevention system using exhaust air from fuel cells. The acquisition is part of Fuji Electric's plan to expand their business in the areas of clean and renewable energy, including geothermal, hydro, PV and fuel cells.read more