Hyliion holdings closes acquisition of ge's revolutionary hydrogen and fuel agnostic generator technology

Austin, texas--(business wire)--hyliion holdings corp. (nyse: hyln) (“hyliion”), a leader in electrified powertrain solutions for class 8 semi-trucks, today announced the september 26th closing of its previously announced deal to acquire a new hydrogen and fuel agnostic capable generator, karno™, from ge additive, part of ge (nyse: ge) and a world leader in metal additive technologies and manufacturing. under the terms of the deal, ge received $15 million in cash and approximately $22 million i
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