Deutz to acquire Futavis.

Deutz, an internal combustion engine manufacturer, agreed to acquire Futavis, a development service provider for battery management hardware and software. Financial terms were not disclosed. “Battery technology is a vitally important element of our E-Deutz strategy, which we will be further expanding with the Futavis acquisition. With Futavis adding to the strong systems expertise of our Deutz and Torqeedo development teams by contributing its knowledge of components for high-voltage batteries, battery management systems, and safety engineering, we are taking the next step towards CO2 free off-highway-mobility,” Frank Hiller, CEO of Deutz.