EnOcean acquires Renesas Electronics' edge-computing solutions
EnOcean, provider of energy-harvesting Internet-of-Things (IoT) devices and sensor-to-cloud solutions, acquired the edge-computing-solutions business from Renesas Electronics. The deal includes the transition of personnel, as well as hardware and software products.
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EnOcean foresees rising energy costs and a growing demand for sustainable solutions as opportunities, given its market focus on helping customers to reduce energy consumption and carbon footprints in numerous installations. EnOcean’s energy-harvesting sensors and cloud-based software are designed to enable a deep understanding of building operation and utilization. Integration of the edge-computing solution could provide access to data from the existing systems.
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The combination of experience in software, sensing, energy and communications technologies could bridge the gap between existing systems and the cloud in an open and standardized way. “I see tremendous opportunities in merging the channels of our two companies,” added Apurba Pradhan, business unit director, industrial edge computing, at Renesas. “Together, we’re building on our technologies to provide next-generation solutions. We’re excited about this shared journey on which we provide a seamless solution that paves the way for sustainable, maintenance-free and cost-effective IoT solutions.”
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