Acquiring Company
Mitsubishi Electric Power Products
Acquired Company
Smarter Grid Solutions
Description
Mitsubishi Electric Power Products, Inc. (MEPPI) and Mitsubishi Electric Corporation (MELCO) today announced that the deal to acquire U.K.‐based Smarter Grid Solutions (SGS) has closed. SGS is a leading developer of software management solutions for the distributed energy resources (DER) market. Financial terms of the transaction were not disclosed.
Quick answer
Mitsubishi Electric Power Products is acquiring Smarter Grid Solutions, announced August 20, 2021.
- How much did Mitsubishi Electric Power Products pay for Smarter Grid Solutions?
- The deal value was not disclosed.
- What does Mitsubishi Electric Power Products do?
- Headquartered in Warrendale, Pennsylvania, Mitsubishi Electric Power Products, Inc. (MEPPI) is a U.S. affiliate of Mitsubishi Electric Corporation serving the North American power systems, data center, rail..
Source: Fundz verified event record.
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- United Utility Acquires Williams Electric Company (September 3, 2021)
- Ugi Corporation Completes Acquisition Of Mountaineer Gas (September 1, 2021)
- Mitsubishi Electric To Acquire Smarter Grid Solutions (August 9, 2021)
Who to call at Mitsubishi Electric Power Products, and when
When Mitsubishi Electric Power Products changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Mitsubishi Electric Power Products raises, hires an executive or expands, scored against what you sell
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Frequently asked
Who acquired Smarter Grid Solutions?
Smarter Grid Solutions was acquired by Mitsubishi Electric Power Products. The deal was reported on August 20, 2021. Headquartered in Warrendale, Pennsylvania, Mitsubishi Electric Power Products, Inc. (MEPPI) is a U.S. Mitsubishi Electric Power Products is privately held and operates in Manufacturing.
When did Mitsubishi Electric Power Products acquire Smarter Grid Solutions?
Mitsubishi Electric Power Products's acquisition of Smarter Grid Solutions was reported on August 20, 2021. Mitsubishi Electric Power Products, Inc. (MEPPI) and Mitsubishi Electric Corporation (MELCO) today announced that the deal to acquire U.K.‐based Smarter Grid Solutions (SGS) has closed. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Smarter Grid Solutions do?
Smarter Grid Solutions (SGS) is a UK-based energy management enterprise software company that operates internationally with offices in Glasgow, Scotland, and New York City. It is privately held.
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