Smart City & Utility Industry News

New ProductMergers and AcquisitionsWaterAlmavivaAlmaviva BluebitItaly

Almaviva Launches Almaviva Bluebit to Drive Digital Transformation in Water Resource Management

Jan 24, 2025

Italian Almaviva Group has established Almaviva Bluebit, a new company focused on advancing digital transformation in the water resource management sector. The initiative consolidates the Group’s expertise and offerings into a single entity,...

DivestituresMergers and AcquisitionsV2XMobility and TrafficLacroixSWARCO

LACROIX Completes Sale of City-Mobility Segment to SWARCO

Jan 22, 2025

LACROIX has finalized the sale of its City-Mobility segment to the SWARCO group. This follows the exclusive negotiations announced in December 2024, with the transaction expected to be fully effective in the first quarter of 2025. The divested...

SpinoffMergers and AcquisitionsIoT and Smart City PlatformCumulocity

IoT Platform Cumulocity Reclaims Independence

Jan 21, 2025

Germany-based IoT platform Cumulocity, has become an independent company following a management buyout that returns control to its original founders, Bernd Gross and Stefan Vaillant. Previously under the leadership of Software AG and later overseen...

Mergers and AcquisitionsIoT and Smart City PlatformAffluence CorporationOneMind Technologies

Affluence Corporation Acquires Mingothings to Strengthen IoT and Smart City Capabilities

Jan 7, 2025

OneMind Technologies, a Smart City and IoT technology company and subsidiary of Affluence Corporation, has announced an agreement to acquire Mingothings, a provider of integrated IoT solutions and analytics for smart cities. The acquisition,...

Mergers and AcquisitionsIoT NetworksLantronixNetComm Wireless

Lantronix Acquires NetComm Wireless’s Enterprise IoT Business for $6.5 Million

Jan 7, 2025

Lantronix, a global provider of IoT compute and connectivity solutions, has announced a definitive agreement to acquire the enterprise IoT business of NetComm Wireless Pty Ltd, a subsidiary of DZS, Inc. The $6.5 million deal includes a cash payment...

Mergers and AcquisitionsEnergySmart GridA2AEnelItaly

A2A Expands Electricity Distribution with €1.2 Billion Acquisition from Enel

Jan 6, 2025

A2A has finalized the acquisition of a 90% stake in Duereti from Enel’s E-distribuzione, significantly expanding its electricity distribution footprint in Milan and Brescia. This move boosts A2A’s managed electricity meters by 70% and adds...

Mergers and AcquisitionsEnergySmart GridIberdrolaAvangridUSA

Iberdrola Completes Full Acquisition of Avangrid Shares, Strengthens U.S. Presence

Jan 6, 2025

Iberdrola, a global energy utility based in Spain, has completed the acquisition of the remaining 18.4% of shares in its U.S. subsidiary, Avangrid, further strengthening its position in the North American energy market. Avangrid shareholders will...

Mergers and AcquisitionsStreet LightingGEWISSTVILIGHT

GEWISS Acquires 75% of Smart Lighting Specialist TVILIGHT

Dec 19, 2024

GEWISS has acquired a 75% stake in TVILIGHT, a company specialised in the smart city lighting sector. The acquisition aims to enhance GEWISS’s offerings by integrating TVILIGHT’s expertise in advanced smart lighting control solutions,...

Mergers and AcquisitionsDivestituresMobility and TrafficLacroixSWARCO

LACROIX Enters Exclusive Negotiations with SWARCO for City-Mobility Sale

Dec 13, 2024

LACROIX is in exclusive talks with SWARCO for the sale of its City-Mobility segment, aligning with its May 2024 strategy to refocus on high-potential activities in Electronics and Environment. The divestment includes the Traffic and V2X business...

Mergers and AcquisitionsWaterXylemIdrica

Xylem Acquires Majority Stake in Idrica to Advance Digital Water Management

Dec 11, 2024

Xylem announced the acquisition of a majority stake in Idrica, a Spanish company specializing in water data management and analytics. Xylem and Idrica first partnered in January 2023 to integrate Xylem Vue, Xylem’s digital solutions platform,...