ConnectM Completes Acquisition of MHz Invensys to Strengthen Wireless Solutions for Smart Metering
01/27/25, 1:48 PM
Location
marlborough
bengaluruIndustry
information technology
information technology
ConnectM Technology Solutions, Inc., a leader in the electrification economy, has successfully acquired MHz Invensys, renowned for its expertise in wireless communication products and solutions. This strategic acquisition aims to bolster ConnectM’s capabilities in effectively delivering wireless communication, particularly in the smart metering/Advanced Metering Infrastructure (“AMI”) vertical, with the expectation to generate an additional $15M of revenue from the AMI vertical alone over the next three years.
Company Info
Location
2 mount royal avenue
Marlborough, Massachusetts, United States
Company info
ConnectM Technology Solutions, Inc. is a technology company focused on advancing the electrification economy by integrating electrified energy assets with its AI-driven technology solutions platform. The company provides residential and light commercial buildings and all-electric original equipment manufacturers (OEMs) with a proprietary platform to accelerate the transition to solar and all-electric heating, cooling, and transportation. As a vertically integrated company with wholly owned service networks and a comprehensive technology stack, ConnectM empowers customers to reduce their reliance on fossil fuels, lower overall energy costs, and minimize their carbon footprint.