Banyan Software completed the acquisition of FoxInsights from EnBW Energie.

Banyan Software,a company focused on acquiring, building, and growing great enterprise software businesses, completed the acquisition of FoxInsights, a provider of IoT-based remote tank monitoring solutions for the energy sector, from EnBW Energie, an energy provider company. Financial terms were not disclosed. "We are delighted to join the Banyan family, whose long-term commitment and expertise in scaling software businesses make them the ideal partner for FoxInsights's next growth phase. This collaboration ensures our ability to continue providing reliable solutions to our customers while preserving our core values and market leadership," Til Landwehrmann, FoxInsights CEO.