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Dighe Technologies Acquires IP Assets of Westinghouse Plasma Through US Bankruptcy Court
Friday 18 September 2020

Pittsburgh, US-based Dighe Technologies Corp (DTC) has acquired a portion of the intellectual property of Westinghouse Plasma Corp. (WPC) through the US Bankruptcy Court, the company said.

Terms were not disclosed.

The acquired IP includes all data and records related to the operations of WPC in the form of paper, files, data on hard drives of all computers and servers, including the design drawings for the plasma torches made and sold by WPC.

DTC will continue providing plasma torches and spare parts to both current and new customers, through its subsidiary AquaSource Technologies Corp. ATC was started in 2011 to provide wastewater treatment service to the shale drilling companies.

The plasma technology provides a cost-effective method to produce commercial byproducts like industrial grade salts which reduce the cost of drinking water.
Date Published: 18/09/2020