Skip to main content

Share story

Capital Products

Greentech Alliance agrees to acquire mobility network Intermobility

Greentech Alliance agrees to acquire mobility network Intermobility Image: EU-Startups
Berlin-based Greentech Alliance has agreed to acquire Paris-based Intermobility, bringing a transport network of more than 1,000 companies, public authorities and other participants into its sustainable technology community. The combined network will span more than 5,000 members and partners across 25 countries on six continents. Membership will offer investors access to mobility ventures from both communities and introductions to co-investors, corporate partners and public buyers. Intermobility founder François Hoehlinger will join Greentech Alliance's board. Financial terms were not disclosed, and proposed joint ventures and financing projects will require separate approval.
Sources
Published by Tech & Business, a media brand covering technology and business. This story was sourced from EU-Startups and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Infrastructure Products
Infrastructure Products

CXMT swings to profit as quarterly revenue rises sevenfold

Chinese memory chipmaker CXMT posted a sevenfold increase in quarterly revenue and swung from a loss to a profit, Bloomberg reported. The company expanded capacity aggressively and increased its role as a global supplier of conventional memory, or DRAM.