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Rolls-Royce agreed to acquire Siemens' eAircraft business, which develops all-electric and hybrid-electric propulsion solutions for aerospace. The deal is expected to complete in late 2019 and includes around 180 employees in Germany and Hungary.
“Rolls-Royce has entered into an agreement to acquire the electric and hybrid-electric aerospace propulsion activities of Siemens (the eAircraft business) in a move that will accelerate the delivery of our electrification strategy.”rolls-royce.com
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