Generac Holdings Inc GNRC has acquired Blue Pillar, an industrial internet of things (IoT) platform developer, for undisclosed financial terms.
Generac said it shares a mutual customer base with Blue Pillar, with highly compatible product offerings that work together to provide a total connectivity solution to commercial and industrial customers.
Generac aims to further integrate the Blue Pillar platform into its power generation products.
Erik Wilde, EVP of Industrial – Americas at Generac, said, “As a result of the acquisition, we will be able to provide customers and utility partners with an even broader suite of services, including holistic site monitoring.”
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