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Mergers and AcquisitionsMobility and TrafficIteris

Italy’s Almaviva to Acquire Iteris

Italian digital innovation group Almaviva has announced an agreement to acquire U.S. smart mobility infrastructure management company Iteris in an all-cash deal valued at $335 million. Under the agreement, Iteris shareholders will receive $7.20 in...

Mergers and AcquisitionsStreet LightingLEOTEKDialight

LEOTEK Acquires Dialight’s Traffic Division to Expand AI Traffic Solutions

LEOTEK, a lighting and traffic IoT operation service provider based in San Jose, has acquired the traffic business of Dialight, a LED industrial lighting manufacturer, for $5.8 million. This strategic move aims to position LEOTEK as a top provider...

Mergers and AcquisitionsMobility and TrafficVideosurveillanceMilestone SystemsArcules

Milestone and Arcules Merge for Enhanced Video Technology

Milestone Systems and Arcules are set to merge, combining their capabilities in video management software, video analytics, and video surveillance as a service (VSaaS). The merger will unite Milestone Systems, an expert in video technology, with...

Mergers and AcquisitionsEnergyAncalaSolandeoGermany

Ancala Acquires Solandeo to Accelerate Germany’s Smart Meter Rollout

Ancala, an independent infrastructure manager, has acquired Solandeo, a growing operator of smart meters in Germany. This acquisition provides Solandeo with the capital needed to meet the rising demand for smart meters, mandated by the German...

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...

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