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Report: M2E Power Acquired

Boise, Idaho-based M2E Power, a developer of power recharging devices that use kinetic energy and movement, has been acquired, according to reports. M2E Power was a spinout of Boise National Labs, and was backed by @Ventures, Highway 12 Ventures, and OVP Venture Partners. According to the reports, the firm was acquired by Motionetics, a developer of battery technology.