FuelCellsEtc produces Membrane Electrode Assemblies (MEA), Catalyst-Coated Membranes (CCM), Gas Diffussion Electrodes (GDE) and other fuel cell-related materials that were formerly sold by Lynntech's Commercial Fuel Cell Components Division. I've seen the following pair of headlines describing the formation of this company:
October 18, 2011: FuelCellsEtc has acquired Lynntech’s Commercial Fuel Cell Components (CFCC) Division.
October 18, 2011: Lynntech Spins-off Commercial Fuel Cell Components Division as FuelCellsEtc.
I know it is a small point, but was it a spin-off or a purchase? I'm always interested in the details of how companies start. As they say, enquiring minds want to know...
One small clue is that FuelCellsEtc registered their domain on January 11, 2009. So it appears they had been planning the transaction for some time prior to the press release. That means it was almost a three-year quiet roll-out.
And on LinkedIn, I found a notice for the 2010 Fuel Cell Seminar & Exposition October 18, 2010 - October 21, 2010, where Daniel Westerheim (Founder at FuelCellsEtc) said "Our booth number has changed to B128..."
In any event, regardless of whether it was a spin-out or a sale, I wish them a belated congratulations, and I hope they make a go of it! (And yes, I follow them on LinkedIn and Twitter.)