Honeywell Acquires Smart Energy Platforms from SparkMeter
August 22, 2025
Honeywell is acquiring three utility platforms — Praxis, GridScan and GridFin — from SparkMeter to expand its Smart Energy portfolio and enhance Honeywell Forge Performance+ for Utilities. The deal transfers key grid-management technologies and analytics to Honeywell to help utilities modernize their grids and improve planning, operations and financial performance.
- Buyers
- Honeywell
- Targets
- SparkMeter
- Sellers
- SparkMeter
- Industry
- Utilities
- Location
- District of Columbia, United States
- Transaction Type
- Divestiture
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