logo
logo

Nextracker acquires Bentek Corporation for eBOS products

May 18, 20253 months ago

Acquiring Company

Nextracker

Acquired Company

Bentek Corporation

FremontSan JoseEnergyRenewable EnergyEnergyManufacturing

Description

Nextracker has acquired Bentek Corporation to add eBOS products to its portfolio. This acquisition aims to enhance the integration of eBOS with Nextracker's solar tracker systems. The collaboration is expected to improve system commissioning and energy yield. With this acquisition, Nextracker continues to expand its offerings in the solar power sector.

Company Information

Company

Nextracker

Location

Fremont, California, United States

About

Nextracker is the leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed generation solar projects around the world. Our products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. With over 50 GW shipped worldwide, Nextracker leads the solar industry with solar tracker technologies that optimize and increase energy production while reducing costs for significant plant ROI. For more information, please visit www.Nextracker.com.

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed