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Enphase Energy Completes Acquisition Of Greencom Networks

PUBLIC · ENPHOct 11, 2022

Acquiring Company

Enphase Energy

Acquired Company

GreenCom Networks AG

FremontProfessional ServicesEnergySustainabilitySoftwareEnergyRenewable EnergySolarEnergy ManagementEnergy StorageEnergy EfficiencyPower Grid

Description

Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that it has completed the previously disclosed acquisition of GreenCom Networks AG. Based in Munich, Germany, GreenCom Networks provides Internet of Things (IoT) software solutions for customers to connect and manage a wide range of distributed energy devices within the home. The company’s technology facilitates a convergence of sectors such as mobility, heating, and renewable energy to help achieve full home electrification.

Quick answer

Enphase Energy is acquiring GreenCom Networks AG, announced October 11, 2022. Enphase Energy is based in Fremont, California, United States.

How much did Enphase Energy pay for GreenCom Networks AG?
The deal value was not disclosed.
What does Enphase Energy do?
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and..
Where are Enphase Energy and GreenCom Networks AG based?
Enphase Energy is based in Fremont, California, United States.

Source: Fundz verified event record.

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Company Information

Company

Enphase Energy

Location

47281 Bayside Parkway

Fremont, California, United States

About

Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power—and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped more than 39 million microinverters, and over 1.7 million Enphase-based systems have been deployed in more than 130 countries. For more information, visit https://www.enphase.com and follow the company on Facebook, LinkedIn and Twitter. © 2022 Enphase Energy, Inc. All rights reserved. Enphase, the "e" logo, and certain other names and marks are registered trademarks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

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Frequently asked

Who acquired GreenCom Networks AG?

GreenCom Networks AG was acquired by Enphase Energy, based in Fremont. The deal was reported on October 11, 2022. Enphase Energy is publicly traded (ENPH) and operates in Professional Services.

When did Enphase Energy acquire GreenCom Networks AG?

Enphase Energy's acquisition of GreenCom Networks AG was reported on October 11, 2022. Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that it has completed the previously disclosed acquisition of GreenCom Networks AG. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does GreenCom Networks AG do?

GreenCom Networks is a leading energy IoT company, with offices in Munich, Germany, and Sophia-Antipolis, France. Since 2011, GreenCom has been developing the energy system of the future. It is privately held, operating in Energy.

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