Smart City & Utility Industry News

Mergers and AcquisitionsSmart GridWaterEQT Active Core InfrastructureGICUK

EQT and GIC to Acquire Majority Stake in UK Smart Meter Specialist Calisen

Dec 5, 2024

EQT Active Core Infrastructure and GIC have announced an agreement to jointly acquire a majority stake in Calisen, a UK provider of smart meters and energy transition infrastructure, valuing the UK-based smart meter provider at approximately £4...

Mergers and AcquisitionsWaterDiehl MeteringPreventioGermany

Diehl Metering Acquires AI Leak Detection Specialist PREVENTIO

Dec 5, 2024

Diehl Metering has acquired PREVENTIO, a German technology startup specializing in leakage management and predictive maintenance. This strategic move aims to enhance Diehl Metering’s real-time leak detection capabilities and strengthen its...

Mergers and AcquisitionsSmart GridBluecurrentMetropolis Metering

Smart Metering Specialist Bluecurrent Acquires Metropolis Metering

Nov 26, 2024

Bluecurrent, a smart metering and data services company in Australasia, has entered into an agreement to acquire Melbourne-based Metropolis Metering, which specializes in the commercial, industrial, and embedded network markets. This acquisition is...

Mergers and AcquisitionsVideosurveillanceOtherChapsvisionSinequaFrance

ChapsVision Acquires Sinequa in $90M AI Expansion

Nov 24, 2024

ChapsVision, a French AI-based data processing expert, has acquired Sinequa, an enterprise search and Retrieval-Augmented Generation (RAG) specialist, in a strategic move backed by $90 million (€85 million) in funding. The investment was led by...

Mergers and AcquisitionsIoT and Smart City PlatformIoT NetworksINWITItaly

INWIT Finalizes Smart City Roma Acquisition

Nov 11, 2024

INWIT, Italy’s leading tower company, has finalized the acquisition of a controlling 52.08% stake in Smart City Roma, marking a pivotal move in its effort to deliver the ambitious Roma 5G project alongside Roma Capitale. The transaction, first...

Mergers and AcquisitionsWaterStreet LightingVinciFM ConwayUK

VINCI Expands in UK with FM Conway Acquisition

Nov 11, 2024

VINCI’s acquisition of FM Conway Limited marks a strategic move for expanding its presence in the UK public works market, particularly in the dynamic south-east of England. With expertise in roadworks, civil engineering, water and drainage...

Mergers and AcquisitionsMobility and TrafficIterisAlmaviva

Almaviva Acquires Iteris for $335M to Boost Mobility Solutions

Nov 11, 2024

Following an annoucement in August this year, Italian system integrator Almaviva Group has acquired U.S.-based smart-city software company Iteris for $335 million, purchasing 100% of its Nasdaq-listed shares at $7.20 per share. The deal is backed by...

Mergers and AcquisitionsSmart GridHausheldAncalaGermany

Ancala Acquires 50% Stake in Hausheld to Boost German Smart Metering Market

Nov 11, 2024

Infrastructure fund manager Ancala has acquired a 50% stake in German smart-meter specialist Hausheld. Partnering with existing shareholder Deutsche Beteiligungs, Ancala aims to provide significant capital and expertise to help Hausheld expand its...

Mergers and AcquisitionsIoT NetworksNetmore GroupEverynet

Netmore Acquires Everynet to Expand Global LoRaWAN Reach

Nov 1, 2024

LoRaWAN® network operator Netmore Group has announced its acquisition of Everynet, a LoRaWAN operator with offices throughout Europe, the Americas, and Asia, expanding Netmore’s presence to 17 countries. This acquisition, pending regulatory...

Mergers and AcquisitionsWasteWaste VisionMML Infrastructure

MML Infrastructure Acquires Netherlands-Based Waste Vision

Oct 30, 2024

UK-based MML Infrastructure Private Equity has acquired Waste Vision, an Amsterdam-headquartered smart waste management leader, from Avedon Capital Partners. Founded seven years ago, Waste Vision provides innovative waste management solutions to...