Announced
Financials
Sources
Tags
Pending
United States
electric power transmission
Electricity Distribution
Acquisition
Domestic
Majority
Merger
Private
Friendly
Single Bidder
Synopsis
Minim, an AI-driven residential managed WiFi and IoT security platform, agreed to merge with e2Companies, a power generation, distribution, and energy economics company. Financial terms were not disclosed. “This agreement comes at a pivotal time for e2Companies as we advance the commercialization of our technology platform,”“The aging infrastructure of our country’s grid and the increased need for demand-side innovation is critical. Our merger with Minim should allow us to accelerate AI data-driven networking solutions for the people that need it most, our customers,” James Richmond, e2Companies CEO and President.
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