Element Energy Inc.
October, 2013
Element Energy Inc. was acquired by Volterra Semiconductor Corporation in January, 2013. On October 1, 2013, Maxim Integrated completed its acquisition of Volterra Semiconductor.
Description at time of acquisition: Element Energy is a Silicon Valley company founded in 2009 to develop leading-edge Battery Management Systems. The Element Energy BMS is a cost effective hardware/software system that manages large, multi-cell battery packs. Element's initial focus is on lithium-ion battery packs used in a wide range of applications including hybrid and electric vehicles, alternative energy storage and grid-tied storage. Compared to conventional battery management systems, the Element solution provides substantial lifetime extension; significant cost reduction; and improved safety and reliability through better monitoring, fault detection, and control of each cell.