Blink Charging to acquire Electric Blue for $23m.

Blink Charging, an owner, operator, and provider of electric vehicle (EV) charging equipment and services, agreed to acquire Electric Blue, a provider of integrated EV charging and sustainable energy solutions, for $23m. “Blink will be working with EB Charging to establish a Blink presence in the UK, allowing us to bring a unified global experience. Together, we have a robust portfolio of EV charging solutions that offer advanced EV charging applications and a state-of-the-art EV network. EB Charging is an established and well-known EV charging company with a proven track record of success. Blink will expand EB Charging’s product offerings to include new commercial and home chargers, new global network services and apps, and new EV fleet management tools. The acquisition will further solidify Blink’s goal of creating a seamless global experience for all EV charging customers," Michael Farkas, Blink Charging Founder and CEO.