{"id":10984,"date":"2022-09-01T08:00:00","date_gmt":"2022-09-01T06:00:00","guid":{"rendered":"https:\/\/www.investincotedazur.com\/?p=10984"},"modified":"2023-02-10T14:05:14","modified_gmt":"2023-02-10T13:05:14","slug":"enphase-energy-to-acquire-greencom-networks","status":"publish","type":"post","link":"https:\/\/www.investincotedazur.com\/en\/enphase-energy-to-acquire-greencom-networks\/","title":{"rendered":"Enphase Energy to Acquire GreenCom Networks"},"content":{"rendered":"\n

GreenCom Networks is a company active in the field of IoT applied to domestic energy. The company has had an R&D center in Sophia Antipolis since its merger with Ubinode in 2011.<\/a><\/strong><\/p>\n\n\n\n

In December 2020, Greencom Networks announced a fundraising of \u20ac12 million<\/a> to strengthen its international development strategy.<\/p>\n\n\n\n

Enphase Energy, Inc. (NASDAQ: ENPH), is a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems.<\/p>\n\n\n\n

The US company announced on August 29, 2022 that it has agreed to acquire GreenCom Networks AG.<\/p>\n\n\n\n

Based in Munich, Germany, GreenCom Networks provides Internet of Things (IoT) software solutions for customers to connect and manage a wide range of distributed energy devices within the home. The company\u2019s technology facilitates a convergence of sectors such as mobility, heating, and renewable energy, often referred to as sector convergence or sector coupling, to help achieve full home electrification. <\/p>\n\n\n\n

These devices are typically made by different suppliers and need to be orchestrated intelligently to optimize energy consumption.<\/p>\n\n\n\n

GreenCom\u2019s software solutions result in a rich and seamless experience for the homeowner and can help optimize the amount of self-generated energy that is consumed or stored by the homeowner.<\/p>\n\n\n\n

The acquisition is expected to:<\/p>\n\n\n\n