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Mergers and AcquisitionsMobility and TrafficSafety21Velocar

Safety21 Acquires Velocar to Enhance Smart Road and City Solutions

Safety21 SpA, an Italian software provider in the Smart Road and Smart City sectors, has acquired Velocar Srl, a company dedicated to software design and IoT for road safety. Velocar, established in Castiglione delle Stiviere and operational for...

Mergers and AcquisitionsEnergyABBNdustrial

ABB Invests in AI-Powered Energy Management with Ndustrial

ABB has taken a minority stake in Ndustrial, a US-based startup known for its AI-driven energy management platform. Ndustrial’s platform integrates various data sources to precisely measure and optimize energy use tailored to specific...

Mergers and AcquisitionsWaterEQT GroupOcea Group

EQT to Acquire French Metering Firm Ocea Group

Swedish private equity firm EQT Group is set to enhance its footprint in the energy transition landscape through the acquisition of Ocea Group from ICG Infra. Ocea Group, a French specialist in smart water and heat metering solutions, operates over...

Mergers and AcquisitionsStreet LightingTermotecnica SebinaCity Green LightItaly

City Green Light Expands with Termotecnica Sebina Acquisition 

In Italy, City Green Light, a leader in public lighting, energy efficiency, and smart city services based in Vicenza, has acquired Termotecnica Sebina, a company specializing in the design, construction, and maintenance of technological, mechanical,...

Mergers and AcquisitionsStreet LightingEnergySchréderPhotinus

Schréder Acquires 49% Stake in Photinus

Schréder, a leading independent provider of smart outdoor lighting solutions, acquired a 49% stake in Photinus, a solar lighting specialist with projects in Austria, Germany, Switzerland, Italy, the Netherlands, Poland, Norway, and the Middle...

Mergers and AcquisitionsEnergyItronElpis Squared

Itron to Boost Grid Management with Elpis Squared Acquisition

Itron has announced its acquisition of Elpis Squared for $35 million, enhancing its Grid Edge Intelligence offerings with a focus on utility grid software solutions. This move brings Elpis Squared’s expertise in grid planning, operations, and...

Mergers and AcquisitionsWaterGreenCitizenSimplicitiFrance

Simpliciti Acquires GreenCityzen for Environmental IoT Solutions

GreenCityzen, a Marseille-based IoT company specialized in water network management through data, has been acquired by the Aix-en-Provence urban cleanliness SME, Simpliciti. Together, they plan to expand their market reach and address water, waste,...

Mergers and AcquisitionsStreet LightingPatrizia

Patrizia Acquires Major Stake in Atlantico

Global Real Asset Investment Management Company Patrizia has obtained an 85% stake in Italy’s third-largest smart streetlight operator Atlantico, as part of its Smart City Infrastructure Fund. It’s the company’s third Italian streetlighting...

Mergers and AcquisitionsIoT NetworksNetmore GroupSenet

Netmore Group Acquires Senet to Boost Global IoT Connectivity

Swedish Netmore Group has announced the acquisition of US-based LoRaWAN network specialist Senet to expand its international operations across 11 different countries. Financially supported by Polar Structure, the majority shareholder of Netmore,...

Mergers and AcquisitionsMobility and TrafficMiovisionCJ Hensch & AssociatesUSA

Miovision Expands Smart Traffic Solution with New Acquisition

Miovision, a Canadian company specialized in mobility management for cities, recently acquired Texas-based CJ Hensch & Associates, which specializes in traffic-data collection and consulting. The move is part of the...

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