VEGA acquires Swiss IoT platform provider

VEGA Grieshaber KG, one of the world’s leading manufacturers of industrial measurement technology, is acquiring Akenza AG, a Swiss enterprise IoT platform vendor.

VEGA is a family-owned company with more than 2,800 employees worldwide and a market presence in over 80 countries. Its sensors for level, point level, and pressure measurement, as well as the associated hardware and software, are used in industries such as chemicals, food and beverages, pharmaceuticals, water and wastewater management, and mining.

Akenza specializes in IoT solutions and provides Smart Industry and Smart Corporate Real Estate deployments for global organizations. Its agnostic platform enables the seamless connection of devices and systems and has proven itself across a wide range of applications.

By combining their expertise, VEGA and akenza are creating the foundation for innovative, scalable, and end-to-end IoT solutions across the entire value chain.

From sensor data to intelligent decision

For VEGA, the acquisition represents an expansion of its digital portfolio and another step in the growth of its Industrial IoT business segment. For akenza, this new chapter opens the opportunity to leverage VEGA’s global presence and expertise across manufacturing and industry, as well as to further scale its own IoT solutions.
“This step is an important milestone on the path to achieving our long-term strategic goals. VEGA's sensor technology and akenza's technology-agnostic, horizontal IoT platform complement each other perfectly. Together, we close the gap between data collection and its use for informed decisions. We are very much looking forward to welcoming the akenza team to VEGA and taking the next step together. This opens new opportunities for our customers to make their processes even more efficient and transparent,” says Isabel Grieshaber, Managing Partner of VEGA Grieshaber KG.

“VEGA gives us the global reach and the foundation to elevate akenza to a new international level. Together, we're cutting through the complexity of the IoT, allowing enterprise customers to seamlessly connect hardware to action. We will continue to expand use cases in the Smart Industry sector, and keep growing our Smart Building vertical with the agility our customers value", says Jonas Schmid, Co-CEO of Akenza AG.

Going forward, both partners will pool their expertise and gradually integrate the akenza platform into VEGA’s expanded range of solutions. akenza will continue to operate independently in the market and maintain its existing customer relationships. Both companies view this as the beginning of a long-term, value-driven partnership.