Bangalore-based NavSemi Energy has been acquired by US-based Alpha Technologies. NavSemi Energy is a solar energy harvest maximisation technology company, say media reports in the US.
For the past several years, the two companies have been closely working together. NavSemi's customer base in India expands Alpha's reach into fastest growing and most progressive PV markets and complements Alpha's renewable energy brand, OutBack Power, another company in The Alpha Group.
NavSemi was founded in 2008 by Babu Jain to develop power electronic solutions for the more efficient transfer of energy from solar power sources, and to provide solutions for expanding solar capabilities.