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news.Ingen Technologies, a manufacturer of medical devices, has agreed to acquire Cyclonatix, a manufacturer of electric motor systems.
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Cyclonatix manufactures clean and energy-saving electric motor systems for traction motors such as electric bicycle, electric scooter and electric motorcycle.
Scott Sand, CEO and chairman of the board of Ingen Technologies, said: “We look forward finalizing the acquisition over the next 60 days, and introducing new medical product opportunities for use of the DC brushless motors.”