Hitachi Vitality has accomplished the acquisition of the remaining stake in energy electronics and controls firm eks Vitality. Hitachi Vitality acquired a majority stake in eks in 2023.
The mixing of eks Vitality’s know-how will assist Hitachi broaden its energy conversion and vitality storage enterprise and reply quickly to evolving buyer wants.
“Because the worldwide market chief in grid automation options, the acquisition of eks Vitality strengthens our management place, enabling one of many trade’s most complete resolution portfolios that mixes confirmed converter and management know-how with Hitachi Vitality’s world scale, unparalleled grid experience and digital capabilities,” stated Massimo Danieli, managing director of Hitachi Vitality’s Enterprise Unit Grid Automation. “The acquisition furthers our world technique making certain continuity for present clients whereas unlocking new alternatives for innovation and progress.”
Energy converters play a crucial function connecting energy supply with energy provide, ensuring that currents and voltage are balanced appropriately for end-user demand. They’re data-intensive programs and when paired with Hitachi Vitality’s web of issues (IoT) connectivity and vitality administration capabilities, ship wealthy insights and analytics to maximise dependable vitality provide. The completion of the acquisition will allow Hitachi Vitality to innovate quicker and enhance the know-how at this crucial grid connection level.
Information merchandise from Hitachi Vitality
