Inavitas Energy Inc. and inSCADA Forge Strategic Partnership: inavitas’ Acquisition of 30% Share and Global Growth Ambitions
Inavitas Energy Inc., Ankara/Turkey, October 2024
inavitas, a leading technology provider in the energy sector specializing in smart energy monitoring and management solutions, has made a strategic investment in inSCADA, a SCADA software platform provider, acquiring a 30% stake in the company. This investment represents not just a shareholding but also aims to establish a strategic partnership by integrating inSCADA’s advanced local SCADA software solution into inavitas's product and service portfolio.
inavitas aims to increase its stake in inSCADA to up to 88% by the end of 2028, based on defined options in the investment agreement. This strategic goal is a key component of inavitas's plan to deepen its collaboration with inSCADA and enhance its influence in the global market.
The partnership is designed to reinforce inavitas’s position as a leader in Turkey and to support its goal of becoming one of the leading global providers. inavitas has incorporated inSCADA's local SCADA solution into its product family, enabling it to offer solutions across a wide spectrum, from energy management and SCADA solutions for enterprises and renewable energy plants to those for transmission and distribution operators.
Through this strategic collaboration, inavitas aims to sustain its industry leadership and enhance its presence in the global market while simultaneously creating new market opportunities for inSCADA with its extensive sales network. This partnership is expected to be a significant development and growth opportunity for both parties.
About inavitas:
Established in 2012 in Turkey, inavitas is a technology provider offering smart energy monitoring and management solutions. With over 20 years of expertise in the energy sector and an advanced energy intelligence platform, the company delivers end-to-end solutions from electricity generation to end consumers, contributing to a sustainable future.
About inSCADA:
inSCADA is a SCADA/IIoT application development platform built using modern web technologies. With its flexible and comprehensive capabilities delivered through a web-based platform, inSCADA provides industrial automation solutions across a wide range of industries, with a particular focus on the energy sector.
For more information, visit: inscada.com
Media Contact: Epicraft
