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NewsPoster May 21, 2013 10:14 AM
Powermat acquires PowerKiss, extends wireless charging into Europe
<a href="" rel='nofollow'>PowerKiss</a>, a wireless charging company based in Helsinki, Finland, has been acquired by <a href="" rel='nofollow'>Powermat</a>, also a creator of wireless charging systems for <a href="" rel='nofollow'>mobile devices</a>. The purchase will bring PowerKiss under the Duracell-backed brand, adding its 1,000 wireless charging points in European McDonalds branches and airports to the existing 1,500 Powermat-owned charging spots in the United States. <br />
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The deal will also be helpful to the <a href="" rel='nofollow'>Power Matters Alliance</a> (PMA), a consortium for wireless charging that both companies are members of, <a href="" rel='nofollow'>along with</a> Starbucks, Google, and AT&T. While PMA and its standard already claims a number of hardware manufacturers as members, the increased coverage of Powermat and the standardization of the technology in both the US and Europe will help PMA compete against the <a href="" rel='nofollow'>Wireless Power Consortium</a>, which uses the alternate Qi wireless charging standard. <br />
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"Our two companies have a remarkably similar vision for wireless power, and have labored in parallel to make it a reality," said PowerKiss CEO Mats Wolontis. "Along the way we made different and incompatible technological choices, and this is exactly the right time to resolve these."<br />
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