The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Thu., Mar. 4, 1:11 PM

Slide #76. Vision Marine Technologies, Inc. Complimentary Intellectual Property Assets from MAC Engineering

Acquirer: Vision Marine Technologies, Inc. (NASDAQ:VMAR)
Acquiree: Complimentary Intellectual Property Assets from MAC Engineering
Details: Vision Marine Technologies, Inc. (Nasdaq: VMAR) ("Vision Marine" or the "Company"), a leader in transforming the boating market by designing and manufacturing environmentally friendly electric boats and propulsion systems, is pleased to announce today that it has acquired MAC Engineering's intellectual property relating to marine outboard electronic systems. MAC Engineering, the European distributor of the UQM brand, and one of the global leaders in medium and high-power electric motors in the USA, is the highly regarded designer of propulsion and battery management systems and components for electric vehicles.

Vision Marine is engaged in the design, development and manufacturing of electric outboard powertrain systems and electric boats. Co. has developed its fully-electric outboard powertrain system that combines battery pack, inverter, motor with proprietary union assembly between the transmission and the electric motor design and control software. Co.'s electric powerboats models include Phoenix 290, Bruce 22, Volt 180, Fantail 217 and Quietude 156. For each of its boats, Co.'s consumers are able to customize certain aspects including color (for the hull, striping, interior and deck), radio and covers and other storage options.

Open the VMAR Page at The Online Investor »

Company Name: 
Vision Marine Technologies Inc
Website: 
www.v-mti.com
Sector: 
Manufacturing
 

Open the VMAR Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes


Mergers & Acquisitions Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.