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GE doubles down on A123, in for $55 million

digg_url = 'http://digg.com/business_finance/GE_doubles_down_on_A123_battery_maker_in_for_55_million'; GE had already demonstrated to us that it had an affinity for lithium ion battery maker A123 Systems with its $20 million investment. Now comes news that the corporate giant had made a 6th equity investment in the company in the amount of $30 million. This fiscal participation in A123's $102 million Series E round of financing makes GE the proud owner of nine per cent of the innovative company and its largest single investor with a total of ... Read more →

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