Engie acquires the Romanian company IoT Flashnet, specialized in intelligent public lighting | New

ENGIE announces the acquisition of 60% of Flashnet, a Romanian company of the Internet of Things (IoT).

2018-07-05 12:02:17

With this acquisition, Engie strengthens its position in the market of intelligent public lighting. Established in 2005, Flashnet continually focuses on R & D, which enables it to be at the forefront of IoT developments and to launch innovative solutions for municipalities.
"The acquisition of Flashnet meets Engie's goal of being a reliable partner of cities and territories by providing them with highly competitive intelligent energy management systems for their customers." cities and electricity networks of better quality. We are happy to strengthen our network infrastructure skills and provide our customers with better solutions integrating information technology, energy and energy. telecommunications "said Eric Stab, CEO of ENGIE Romania.

Already working with several IoT communication standards, inteliLIGHT, Flashnet's main solution, is one of the most flexible systems available on the market. This public lighting management solution gives the city more control over the entire public lighting network, thus saving energy and energy costs. improve work and costs related to scheduling and maintenance. The solution has already been deployed in several cities such as Dubai (UAE), Penang (Malaysia), Brasov, Craiova (Romania), Mecca, Riyadh (Saudi Arabia), Athens (Greece), with pilots and demonstrators virtually everywhere in the world. .