Laird acquires Nextreme Thermal Solutions

Technology group Laird has acquired Nextreme Thermal Solutions, a US-based developer of thin-film thermoelectric technologies for one dollar, with potential cash earn-out payments based on a multiple of 0.4 times revenue over a four year period from 2014.

Technology group Laird has acquired Nextreme Thermal Solutions, a US-based developer of thin-film thermoelectric technologies for one dollar, with potential cash earn-out payments based on a multiple of 0.4 times revenue over a four year period from 2014.

This will be capped at $60m if $150m is achieved.

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