Acquiring Company
Powell Industries
Acquired Company
Remsdaq
Houston
United KingdomManufacturingEnergyOil And GasRenewable EnergyManufacturingInformation TechnologySoftwareSecurityData CenterDescription
Powell Industries has completed the acquisition of Remsdaq to enhance its automation and software capabilities. This strategic move is aimed at strengthening Powell's existing operations in the electrical segment. The acquisition follows a strong performance in Powell's stock price, which has risen significantly in recent months. It reflects Powell's commitment to advancing its technological innovations in the industry.
Quick answer
Powell Industries is acquiring Remsdaq, announced January 27, 2026. Powell Industries is based in Houston, Texas, United States.
- How much did Powell Industries pay for Remsdaq?
- The deal value was not disclosed.
- What does Powell Industries do?
- Powell Industries, Inc. is a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy.
- Where are Powell Industries and Remsdaq based?
- Powell Industries is based in Houston, Texas, United States. Remsdaq is based in United Kingdom.
Source: Fundz verified event record.
Other recent acquisitions in Energy and Oil And Gas
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- INNIO Group to acquire Enerflex APAC Operations (February 26, 2026)
- DNOW acquires MRC Global in stock deal (February 20, 2026)
- Chevron acquires Hess for $55 billion, $55B (January 26, 2026)
- Eaton acquires Boyd Thermal for data center solutions (March 12, 2026)
- CB&I to acquire Petrofac Asset Solutions (March 12, 2026)
- Vistra acquires Cogentrix Energy for expansion (March 1, 2026)
Who to call at Powell Industries, and when
When Powell Industries changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Powell Industries raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Powell Industries, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Powell Industries. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Powell Industries makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Remsdaq?
Remsdaq was acquired by Powell Industries, based in Houston. The deal was reported on January 27, 2026. Powell Industries, Inc. is a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy. Powell Industries is publicly traded (POWL) and operates in Manufacturing.
When did Powell Industries acquire Remsdaq?
Powell Industries's acquisition of Remsdaq was reported on January 27, 2026. Powell Industries has completed the acquisition of Remsdaq to enhance its automation and software capabilities. This strategic move is aimed at strengthening Powell's existing operations in the electrical segment. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Remsdaq do?
Remsdaq is a technology company specializing in data communication and control systems. They provide software solutions for various industries, enhancing operational efficiency. Their focus is on developing innovative technology that meets customer needs. It is privately held, operating in Manufacturing, and is based in United Kingdom.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.