A123

The Hopkinton Technology Park added tenants and retained current companies with the recent leasing of 93,800 square feet in ten different transactions, according to Greater Boston Commercial Properties.

NEC Corp. has finalized its purchase of the Westborough-based energy solutions business of A123 Systems from China’s...

NEC Corp. has bought the Westborough-based energy solutions business of A123 Systems for about $100 million, the Japan-based technology networking provider announced today.

The owner of lithium-ion battery maker A123 Systems, which has operations in Westborough and Hopkinton, won an auction Friday for hybrid car maker Fisker Automotive with a $149.2 million bid.

Lithium-ion battery maker A123 Energy Solutions, which has operations in Westborough and Hopkinton, announced Wednesday a contract to supply, install and commission a 1-megawatt energy storage system in Japan.

It appears A123 Systems' presence in MetroWest has survived following bankruptcy and sale of the lithiom-ion battery maker to a Chinese firm, and will perhaps emerge more robust than it was before A123 filed for Chapter 11 bankruptcy protection in December 2012. The Livonia, Mich.-based company announced a new organizational structure with its owner, Wanxiang Group, last week. In short, Wanxiang will roll its battery-making activities in China into A123 operations that existed there before Wanxiang bought the majority of A123's assets in January. What does this mean for A123's facilities in Westborough and Hopkinton? Not much, according to Roger Lin, director of marketing for A123 in Massachusetts.

A123 Systems, which has offices in Hopkinton and Westborough, outlined its organizational alignment with The Wanxiang Group and announced the appointment of a new CEO, after Wanxiang purchased nearly all of A123's businesses in January.

An Atlanta law firm is investigating whether A123 Systems complied with federal securities laws when making statements to investors.