Solaredge to acquire hark systems, a european-based energy analytics and iot company

Leeds, england & milpitas, calif.--( business wire )--solaredge technologies, inc. (“solaredge”) (nasdaq: sedg), a global leader in smart energy technology, announced today that it has entered into a definitive agreement to acquire the entire share capital of hark systems ltd. (“hark”). founded in 2016 and based in leeds, uk, hark offers a highly flexible software as a service (saas) internet of things (iot) platform that allows enterprises and asset operators to connect, analyze and optimize industrial assets and energy in their commercial sites. hark's technology enables rapid deployment and commissioning across multiple sites. hark's customer base is comprised of diverse industries, including some of the largest supermarket chains in the uk.
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