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Mergers and AcquisitionsEnergyIntellihubPowermetric Metering

Intellihub’s Bid to Acquire Powermetric Under Review

Intellihub, a company specializing in smart metering across Australia and New Zealand, has announced its proposal to acquire Powermetric Metering, a smart metering provider currently owned by Shell Energy Operations. The Australian Competition and...

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...

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...

DivestituresMergers and AcquisitionsV2XMobility and TrafficLacroixSWARCO

LACROIX Completes Sale of City-Mobility Segment to SWARCO

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

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...

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