EnOcean acquires edge computing solutions business from Renesas

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EnOcean, a developer of energy harvesting IoT devices and sensor-to-cloud solutions, has acquired the assets of the edge computing solutions business from the Renesas Electronics.

The deal includes the transition of personnel as well as hardware and software products and was closed on the first day of October.

With rising energy costs and a growing demand for sustainable solutions EnOcean’s solutions are helping customers to reduce energy consumption and their carbon footprint in a large number of installations.

EnOcean provides a combination of energy-harvesting sensors and cloud-based software that enables a better understanding of building operation and utilisation and the integration of the edge computing solution will provide additional access to data from the existing building infrastructure such as heating, cooling, and lighting systems.

According to EnOcean, these insights will not only allow for a reduced carbon footprint and lower energy bills but will also enable companies to be much more efficient in the use of their assets and real estate.

Commenting on the acquisition, EnOcean CEO Raoul Wijgergangs (pictured) said: “EnOcean has always been very keen on delivering innovative and sustainable solutions that have a real benefit for companies by creating energy-efficient, flexible, and overall better buildings. This acquisition brings us, our partners, and our customers one step closer to a carbon-neutral future. Our combined solution, including the SmartServer IoT and IoT Access Protocol (IAP) software, enables customers to leverage existing data that is already being generated in their buildings, machines, or other devices for a wide range of applications. This data can be augmented by additional energy harvesting and traditional sensors as needed to provide a comprehensive view. The solution enables understanding, control, interaction, and optimization of buildings and devices.

“Insights gained from sensor data can be applied directly to drive actions to improve efficiency. Furthermore, the talented team has a wealth of experience in software that bridges the gap between the existing HVAC and lighting systems in buildings and the cloud in an open and standardised way. We also expect that our go-to-market channels will be complementary, and that our combined businesses will be better together.”