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The acquisitions aim to create a unified digital hub for renewable energy management and decarbonization.
Yokogawa Electric Corporation (Yokogawa) announced that it has acquired Intellisync, a provider of cybersecurity and digital transformation solutions, and WiSNAM, 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.