◂ Announcements

Jun 19, 2017ACQUISITIONRaleigh, NC, United States

ERMCO acquires GridBridge

Electric Research and Manufacturing Cooperative, Inc (ERMCO) announced a definitive agreement to acquire GridBridge Corporation, a power delivery systems company. Financial terms were not disclosed.

Status

Announced

ProductsGrid Energy Routerpower delivery systems

CompaniesElectric Research and Manufacturing Cooperative, Inc (ERMCO) acquirer GridBridge Corporation target Ermco acquirer

Sectors#Electrical Equipment

“Teaming up with GridBridge was a strategic decision prompted by increasing customer requests for advanced power management capability.”eepower.com

2 sources
eepower.comERMCO Buys GridBridge Gets Energy Router Platform - NewsJun 19, 2017
evertiq.comErmco acquires GridBridgeEvertiqJun 20, 2017

Summarized from public sources; check the original articles before acting on it.

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