Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions activity for the smart grid sector for 2014.
Among the highlights of the smart grids funding report:
- Venture capital funding into smart grid technology companies was $383 million in 73 deals in 2014, compared to $410 million in 64 deals in 2013.
- Total corporate funding for smat grids, including debt and public market financings, came to $844 million in 2014, compared to $584 million in 2013.
- There were 88 total VC investors in smart grids in 2014, with eight active investors participating in multiple deals.
via Mercom Capital Group releases 2014 ‘smart grid’ funding report – Renewable Energy Focus.
As I reflect on 2014, it has been a truly incredible year for the Connected Home market.
We got started with the epic $3.2 billion acquisition of Nest by Google, and there were several other mergers, acquisitions and well-funded startups.
Kickstarter and Indiegogo have been flooded with ideas and concepts for how we will – or should – live in a connected home.
via Rosenthal: Five Home Automation Products I Want to Check out at CES 2015 – Article from CE Pro.
It’s undeniable: 2014 was the year when the electronics industry decidedly and collectively moved forward to push the Internet of Things (IoT).
For evidence, look no further than the myriad mergers and acquisitions among chip vendors, system companies, and software vendors this year — many in the IoT space. Beyond the usual reasons for consolidation (economy of scale, eliminating competition, expanding revenue), many companies scrambled to make deals specifically to get IoT technologies and products that were missing from their portfolios.
via Top 2014 Acquisitions that Advanced the Internet of Things | EE Times.
Mercom Capital’s report on venture capital funding and M&A activity in 2012 showed some impressive numbers overall. VC spending in smart grid in 2012 was $434 million in 40 deals, well above the $377 million in 50 deals in 2011. And there were some very big money moves in smart grid M&A transactions: almost $17 billion in 2012 compared to almost $5 billion in 2011 and $1.3 billion in 2010.
via Smart Grid: Smart grid mergers and acquisitions: some very big deals in 2012.
There has been a lot of talk in the last year about the opportunity for telcos to provide connectivity to utility companies to support smart grid deployments. A small local telco and small local utility in rural Indiana have taken this opportunity seriously—so seriously that they recently merged the two companies.
via Smart Grid Could Fuel Telco-Utility Company Mergers | Smart Energy Portal.
Ending a period of fairly intense speculation, Japanese electronics company Toshiba Corp. announced today that it will buy Switzerland-based meter maker Landis+Gyr for $2.3 billion.
via Smart Grid: The wait is over: Toshiba to buy Landis+Gyr.