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Lyten to acquire Morrow Batteries in a deal

PRIVATEAug 24, 2026about 5 hours ago

Acquiring Company

Lyten

Acquired Company

Morrow Batteries

San JoseOsloManufacturingEnergyRenewable EnergyManufacturingEnergyRenewable EnergySolar

Description

Lyten has signed a deal to acquire bankrupt Morrow Batteries as a going concern. This acquisition is expected to integrate Morrow's battery manufacturing capabilities into Lyten's operations. The move aims to strengthen Lyten's position in the electric vehicle market. Morrow's technology will bolster Lyten's innovative battery solutions.

Company Information

Company

Lyten

Location

San Jose, California, United States

About

Lyten was founded in 2015. Lyten is a Silicon Valley-based pioneer of tunable three-dimensional graphene, which has demonstrated significant reductions in greenhouse gas emissions and will advance the transition to sustainable mobilityStellantis and Lyten to develop applications for advanced Lithium-Sulfur based EV batteries, vehicle lightweighting, and enhanced vehicle sensing solutionsLithium-Sulfur batteries have the potential to deliver more than twice the energy density of lithium-ion and represent an alternative, non-nickel-manganese-cobalt cathode solutionStellantis exploring all battery technology to meet the diverse needs of its broad customer base and ensure clean, safe and affordable mobility May 25, 2023, AMSTERDAM / SAN JOSE, Calif. –

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Predictive Intelligence
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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Morrow Batteries?

Morrow Batteries was acquired by Lyten, based in San Jose. The deal was reported on August 24, 2026. Lyten was founded in 2015. Lyten is privately held and operates in Manufacturing.

When did Lyten acquire Morrow Batteries?

Lyten's acquisition of Morrow Batteries was reported on August 24, 2026. Lyten has signed a deal to acquire bankrupt Morrow Batteries as a going concern. This acquisition is expected to integrate Morrow's battery manufacturing capabilities into Lyten's operations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Morrow Batteries do?

At Morrow, scientific problem solvers are coming together – delivering the batteries we need today and developing the batteries of tomorrow. It is privately held, operating in Manufacturing, and is based in Oslo.

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