On Tuesday, Zurich-based ABB, a technology company specialised in electrification and automation, announced that it is acquiring Sensorfact, a Utrecht-based energy management company.
However, the financial terms were not disclosed.
The acquisition aims to expand ABB’s digital energy management offering and is expected to close in Q1 2025.
Massimiliano Cifalitti, President of ABB’s Smart Power division, says, “ABB is expanding its portfolio of energy management solutions that use big data and AI to make electrical distribution and energy management both efficient and intelligent. This acquisition advances our digital strategy and provides an innovative way for customers to digitalise their manufacturing operations – helping them to become leaner and cleaner.”
Sensorfact: Helping manufacturers digitalise operations
Led by Pieter Broekema, Sensorfact offers a hardware-enabled SaaS solution that uses AI to help manufacturers digitalise operations and reduce industrial waste, like energy consumption.
The company does this through plug-and-play sensors that measure consumption on the machine level and connect to a smart software platform.
Sensorfact uses algorithms to analyse the data, identify energy-saving opportunities, and provide easy-to-implement advice that is unique to each customer’s operations.
Sensorfact CEO Pieter Broekema says, “Sensorfact provides a single smart factory platform that enables customers to easily collect utility and production data and to reduce costs and carbon emissions. We help customers achieve significant savings and continue to innovate to help customers further reduce their industrial waste. We are one of the market leaders in Europe, and together with ABB we will bring our solutions to new global markets, faster.”
The company has more than 250 full-time employees in Utrecht, Amsterdam, Barcelona, and Berlin and serves more than 1,900 customers across Europe.
ABB: Electrification and automation
ABB is a global technology company specialising in electrification and automation.
The organisation focuses on creating a more sustainable and resource-efficient future by integrating engineering capabilities with digital solutions.
Cifalitti says, “ABB and Sensorfact are on a mission to help companies improve their energy efficiency, reduce maintenance costs, and boost production.”
This allows industries to enhance their performance while improving efficiency, productivity, and sustainability.
ABB has over 140 years of history and employs more than 105,000 people worldwide. The company is listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB).
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