FREMONT, CA—Seagate Technology has closed on the sale of Solyndra LLC's former solar-panel factory, launching the new chapter for the high-profile building.
The transaction was completed Friday, according to the Silicon Valley Business Journal. The price was thought to be close to the $90.3 million price previously reported.
Seagate emerges with a 412,000-square-foot facility Solyndra originally built for $300 million. The building went dark after Solyndra filed for bankruptcy in late 2011.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
