# Esyasoft Holding acquires 70% stake in Dutch IoT firm Float

Esyasoft Holding Ltd acquired a 70% stake in Float, a Dutch IoT company, to expand into the smart water technology solutions market. The deal was announced on August 12, 2024.

- Type: Acquisition
- Announced: 2024-08-12
- Where: Netherlands
- Status: announced
- Products: IoT technology for smart water management
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Esyasoft Holding](https://endata.com/companies/79118.md) (acquirer)
- [Float](https://endata.com/companies/79119.md) (target)

## Sources

- [esyasoft.com](https://esyasoft.com/news/esyasoft-holding-acquires-70-stake-in-dutch-iot-innovator-float-expanding), 2024-08-12: "This acquisition represents a pivotal moment for Esyasoft as we expand our footprint into the smart water market."

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