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Yokogawa Electric Corporation announces that it has acquired Intellisync (intellisync.it), a provider of cybersecurity and digital transformation solutions, and WiSNAM (wisnam.com), a developer of advanced grid control and energy management solutions. Both companies will be integrated into BaxEnergy, a wholly-owned subsidiary of Yokogawa that provides renewable energy management solutions. This will allow Yokogawa to expand its cybersecurity capabilities and advanced grid control products, and elevate its presence in the renewable energy sector through the creation of a digital hub.
Established in 2017, Intellisync's expertise lies in cybersecurity as a service, defending customer assets against external threats and internal intrusions. It operates a dedicated 24/7 network and security operations center. Intellisync also offers vulnerability assessment, security testing, and consulting services covering digital transformation, data analytics, and artificial intelligence. By ensuring cybersecurity compliance across information technology (IT) and operational technology (OT) layers, this acquisition will accelerate Yokogawa's ability to deliver robust cybersecurity solutions.
Established in 2010, WiSNAM specializes in hardware and software for controlling renewable and distributed energy resources. As one of WiSNAM's flagship offerings, Power Plant Controller maximizes performance and yield in photovoltaic and hybrid plants by providing quick and precise data collection. It supports international grid codes* and offers high scalability, ranging from medium to large-scale installations, while ensuring the steady provision of grid-compliant power for medium and high-voltage systems.
Simone Massaro, CEO of BaxEnergy, said,“With these acquisitions, Yokogawa will accelerate the development of a new generation of software offerings that extend beyond renewable energy, delivering secure, high-performance solutions for decarbonization of energy-intensive industries.”
Koji Nakaoka, Yokogawa Electric executive vice president, executive officer, and head of the company's Energy & Sustainability Business Headquarters, said,“By combining Intellisync's 24/7 security operation and WiSNAM's grid compliant Power Plant Controller, Yokogawa can offer end to end solutions that bridge IT and OT. The acquisition also strengthens Yokogawa's software as a service (SaaS) and recurring revenue portfolio and accelerates the company's shift toward digital transformation and autonomous operations.”
Outline of Intellisync Srl
• CEO and founder: Simone Massaro
• Headquarters: Acireale (CT), Italy
• Established: 2017
• Number of employees: 25
• Business summary: Software development, cybersecurity, and digital transformation services
• Website URL: intellisync.it/
Outline of WiSNAM Srl
• CEO and founder: Simone Massaro
• Headquarters: Acireale (CT), Italy
• Established: 2010
• Number of employees: 15
• Business summary: Renewable energy hardware and software
• Website URL: wisnam.com/
• A comprehensive set of conditions encompassing a wide range of rules that assets connected to the power system and market must comply with. Its purpose is to support cost-effective and reliable operation of the power system (International Energy Agency).
About BaxEnergy
BaxEnergy (baxenergy.com), a Yokogawa company, is a global leader in energy software solutions specializing in asset performance management, energy control, and data analytics for the renewable energy industry. The company's software solutions support different vendors and technologies, including wind, solar, hydrogen, BESS, geothermal and combined cycle. Dedicated to driving innovation, BaxEnergy delivers comprehensive, tailor-made solutions that optimize energy production, improve operational efficiency, and enable the transition to a sustainable energy grid. With a commitment to supporting the global energy transition, BaxEnergy continues to pioneer intelligent solutions that advance decarbonization efforts worldwide.
About Yokogawa
Yokogawa (yokogawa.com) provides advanced solutions in the areas of measurement, control, and information to customers across a broad range of industries, including energy, chemicals, materials, pharmaceuticals, and food. Yokogawa addresses customer issues regarding the optimization of production, assets, and the supply chain with the effective application of digital technologies, enabling the transition to autonomous operations.
Founded in Tokyo in 1915, Yokogawa continues to work toward a sustainable society through its 17,000+ employees in a global network of 128 companies spanning 62 countries.
The names of corporations, organizations, products, services and logos herein are either registered trademarks or trademarks of Yokogawa Electric Corporation or their respective holders.
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