Panoramic Power LTD was sold for $60 million
Panoramic Power Ltd, an Israeli company, engaging Energy funneled and Smart network was sold for $60 million. Our firm escorted successfully the buyer in the transaction until the Closing on last November. The Company developed a cloud based service system which includes miniature sensors for monitoring electricity use in real time, allowing advanced and simple energy management in low cost for commercial buildings and plants. You can read more on the company’s website.