Vontier Acquires Driivz
February 8, 2022
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.
- Buyers
- Vontier Corporation
- Targets
- Driivz
- Industry
- Cloud & SaaS
- Location
- Israel
- Transaction Type
- Buyout
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