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Mergers and AcquisitionsEnergySmart GridConnectMMHz Invensys

ConnectM Acquires MHz Invensys to Enhance Wireless Communication Solutions

ConnectM Technology Solutions has acquired MHz Invensys, a developer of wireless communication products, in an all-stock transaction. The deal includes MHz Invensys’ intellectual property assets, and its founders will join ConnectM as part of the...

PartnershipEnergyBuilding EfficiencyItronEncycle Technologies

Encycle and Itron Partner to Enhance Energy Management and Grid Stability

Encycle Technologies, an expert in HVAC optimization, has announced a strategic collaboration with Itron. The partnership aims to enhance grid reliability and reduce energy consumption during peak demand periods by integrating advanced analytics and...

Mergers and AcquisitionsEnergyBuilding EfficiencyABBSensorfact

ABB Acquires Sensorfact to Expand Digital Energy Management Solutions

Zurich-based ABB Group, known for its expertise in electrification and automation, has announced its acquisition of Sensorfact, a Utrecht-based energy management company. The deal, expected to close in the first quarter of 2025, aims to enhance...

New Project (Full-Scale)EnergySmart GridCarunaAidonFinland

Caruna to Replace 760,000 Electricity Meters in €100M+ Deal with Aidon

Caruna, Finland’s largest electricity distribution system operator (DSO), has embarked on a €100 million-plus modernization project in partnership with Aidon Oy, part of the Gridspertise group. This agreement involves the delivery and deployment...

FundingEnergySmart GridGridwareSequoia Capital

Gridware Raises $26.4 Million to Enhance Power Grid Monitoring

Gridware, a company specializing in power grid monitoring, has raised $26.4 million in Series A funding led by Sequoia Capital. The funding will support the production of its Gridscope devices and expand its monitoring platform, which provides...

New Project (Full-Scale)EnergySmart GridSEALSQUK

Smart Meters in the UK Get Security Upgrade

SEALSQ has secured a multi-year, multi-million-dollar agreement to supply its VaultIC 408 secure microcontroller for millions of smart meters in the United Kingdom’s Smart Metering Implementation Programme (SMIP). The project aims to install...

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