# EnOcean acquires edge computing assets from Renesas

EnOcean acquired the assets of the edge computing solutions business from Renesas Electronics Corporation, including personnel and products, to enhance its energy-saving IoT solutions for buildings.

- Type: Acquisition
- Announced: 2022-10-01
- Where: Oberhaching, Germany, Germany
- Status: completed
- Products: energy-harvesting IoT devices, edge computing solutions, SmartServer IoT, IoT Access Protocol software
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Renesas Electronics Corporation](https://endata.com/companies/19562.md) (target)
- [EnOcean](https://endata.com/companies/20096.md) (acquirer)

## Sources

- [enocean.com](https://www.enocean.com/en/enocean_pressrelease/enocean-accelerates-its-growth-and-breadth-of-energy-saving-solutions-through-the-acquisition-of-the-assets-of-the-edge-computing-solutions-business-from-renesas/), 2022-10-10: "This acquisition brings us, our partners, and our customers one step closer to a carbon-neutral future."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.