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Mitsubishi Electric-backed ICONICS completed the acquisition of ICONICS UK.

Synopsis

Mitsubishi Electric-backed ICONICS, a global software developer of visualization, HMI, SCADA, and energy solutions, completed the acquisition of ICONICS UK, an independent regional office. Financial terms were not disclosed. “We are delighted to finalize this deal and integrate the UK team and their IBSS cloud platform fully into the ICONICS and Mitsubishi Electric Factory Automation Systems Group. Over the last three decades, ICONICS UK has been a vital part of our global distribution network, serving as a strategic partner and solution visionary. I am super excited to welcome their talented team into the ecosystem, as we strive to achieve even greater milestones together,” Ted Hill, ICONICS President and CEO.

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