On August 9, 2010, Hydrogenics Corporation (Nasdaq: HYGS, TSX: HYG) announced that it has entered into a strategic alliance with CommScope, Inc. (NYSE:CTV) that calls for the development and distribution of specialized fuel cell power systems and includes an equity investment in Hydrogenics.
Under the terms of the agreement, CommScope and Hydrogenics will jointly develop next-generation power modules for telecom-related backup power applications, to be incorporated by CommScope in its products sold to customers worldwide.
Hydrogenics, headquartered in Mississauga, Ontario, is a leading developer and manufacturer of hydrogen generation and fuel cell products.
CommScope, headquartered in Hickory, North Carolina, is a global leader in infrastructure solutions for communications networks.
Further information is found on Hydrogenics' website.