Procter & Gamble (PG), Powermat to Enter Wireless Power JV

September 14, 2011 9:18 AM EDT
The Procter & Gamble Company (NYSE: PG) and Powermat Ltd. announce that they will form a joint venture (JV) to bring the most innovative and compelling wireless power products to consumers around the world.

As part of the strategic alliance between P&G’s Duracell brand and Powermat, P&G also expects to make an equity investment in Powermat.

It is expected that the JV will begin operation early next year.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News