SolarEdge Acquires Wevo Energy
April 4, 2024
SolarEdge Technologies has completed the acquisition of Wevo Energy Ltd., an Israel-based software startup that provides AI-driven EV charging optimization and management for large charger sites. The Wevo solution will be integrated into SolarEdge's EV chargers and the SolarEdge ONE energy optimization system to enhance commercial and industrial offerings by combining EV charging with on-site solar and storage.
- Buyers
- SolarEdge Technologies, Inc.
- Targets
- Wevo Energy Ltd.
- Industry
- Renewable Energy
- Location
- Israel
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
SolarEdge Technologies Acquires Hark Systems Ltd.
January 3, 2023
Energy
SolarEdge Technologies has entered into a definitive agreement to acquire Hark Systems Ltd., a Leeds-based energy analytics and Industrial IoT SaaS provider. The acquisition will expand SolarEdge's commercial and industrial energy management and monitoring capabilities by adding Hark's platform for energy analytics, asset connectivity and load orchestration.
-
Ideanomics Acquires Wireless Advanced Vehicle Electrification (WAVE)
January 5, 2021
Energy
Ideanomics has signed a definitive agreement to acquire 100% of Wireless Advanced Vehicle Electrification, Inc. (WAVE) for cash and stock consideration. WAVE, headquartered in Salt Lake City, Utah, is a provider of inductive wireless charging systems for medium- and heavy-duty commercial EVs with reported unaudited 2020 revenues of about $7M.
-
Veregy Acquires Enpowered Energy Solutions
May 9, 2022
Renewable Energy
Veregy has acquired Enpowered Energy Solutions to expand its industrial energy engineering, controls, and real-time energy management capabilities. The deal augments Veregy’s end-to-end decarbonization and renewable offerings for manufacturers and other industrial customers in North America.
-
Vontier Acquires Driivz to Accelerate E-Mobility Strategy
February 8, 2022
Cloud & SaaS
Vontier Corporation has acquired Driivz, an end-to-end EV charging and smart energy management software platform, making Driivz a wholly owned independent subsidiary. The deal expands Vontier's e-mobility and software capabilities, enabling the company to offer hardware-agnostic network management and energy optimization solutions to utilities, automakers, fleets and other EV charging service providers.
-
Vontier Acquires Driivz
February 8, 2022
Cloud & SaaS
Vontier Corporation announced the acquisition of Driivz, a Tel Aviv–based provider of cloud-based EV charging and energy management software. The deal (financial terms not disclosed) follows Vontier's prior minority investment in Driivz and supports Vontier's multi-year $500 million commitment to the energy transition by adding software capabilities in the EV charging infrastructure market.
-
W Energy Software Acquires Seven Lakes Technologies
May 17, 2022
Cloud & SaaS
W Energy Software acquired Seven Lakes Technologies to integrate Seven Lakes' JOYN field data gathering and AI-driven pump-by-exception technology into W Energy's cloud-based energy ERP. The deal expands W Energy's production management and field operations capabilities, linking field data and AI-optimized workflows directly to back-office accounting and production systems.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.