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Synopsis
Janitza Electronics, a German supplier of energy management and measurement systems, completed the acquisition of a majority stake in Digimondo GmbH, a Hamburg-based specialist in IoT software. Financial terms were not disclosed. "Our vendor-independent platform consolidates energy data from various sources and makes it available in real time—for greater efficiency, automation, and compliance with legal requirements. The partnership with Janitza gives us the opportunity to further develop our technology and unlock new potential in the energy sector," Christopher Rath, Digimondo Managing Director.
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