$90 Million Solyndra sale OK'dSubmitted by emalvini on Fri, 11/16/2012 - 13:41
$90M Solyndra sale OK'd
Seagate's purchase of solar factory approved by bankruptcy court
(FREMONT CA.) - The sale of Solyndra's cacernous solar panel factory for $90.2 million to Seagate Technology was approved Thursday by a U.S. Bakruptcy Court.
"The primary use of the building will be to replace our current media R&D facility in Fremont," Seagate spokesman Brian Ziel said in an email to this newspaper. "It's a little too early to discuss exact plans in terms of expansion or hiring. We have about 500 employees in our current Fremont facility."
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