Acquiring Company
ACORN ENERGY
Acquired Company
OMX Holdings
Description
On August 17, 2026, Acorn Energy, Inc. completed the acquisition of OMX Holdings, Inc. by exchanging 25,096 shares of its common stock for 100 shares of Series A preferred stock in OMX. This transaction resulted in Acorn owning 100% of the outstanding shares of OMX. The deal highlights Acorn's commitment to expand its portfolio and capabilities in the energy technology sector.
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M&A Insights
Based on deal dataFrequently asked
Who acquired OMX Holdings?
OMX Holdings was acquired by ACORN ENERGY, based in Delaware. The deal was reported on August 18, 2026. ACORN ENERGY, INC. is a company focused on providing innovative technology solutions in the energy sector. It operates through its subsidiaries to enhance operational efficiency and sustainability. ACORN ENERGY is publicly traded (ACFN) and operates in Energy.
When did ACORN ENERGY acquire OMX Holdings?
ACORN ENERGY's acquisition of OMX Holdings was reported on August 18, 2026. On August 17, 2026, Acorn Energy, Inc. completed the acquisition of OMX Holdings, Inc. by exchanging 25,096 shares of its common stock for 100 shares of Series A preferred stock in OMX. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does OMX Holdings do?
OMX Holdings, Inc. is a holding company that controls OmniMetrix, LLC, which specializes in remote monitoring solutions for critical power generation systems. The company's services ensure energy reliability and efficiency. It is privately held, operating in Energy.