Pathion acquires U-M energy storage startup Spider9

11/11/2015

PATHION Inc. today announced that it has closed an exclusive asset purchase and licensing agreement with Spider9 Inc., a provider of energy storage systems (ESS) and robust software that deliver industry leading reliability and performance. The agreement includes all of Spider9’s intellectual property, licenses, and products. PATHION has begun to manufacture, market, and sell Spider9’s high performance, safe, and reliable energy storage systems under the name PATHION Power. It is providing uninterrupted support of Spider9’s current customers, expanding to a wider set of markets, and accelerating its product roadmap…