Insight Partners

Hitachi Energy reported that its acquisition of COET “strengthens” its offering in high-power electric vehicle charging infrastructure, power electronics, and the grid edge. COET also designs, manufactures, and supplies DC traction products and components for rail and AC and DC equipment for high-power industrial applications. (Photograph Courtesy of Hitachi Energy)
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Supply Side: Hitachi Energy/COET, Comply365/Vistair

Zurich, Switzerland-based Hitachi Energy acquires COET, a designer and manufacturer of power equipment for electric mobility, rail and industry, headquartered San Donato Milanese, Italy. Also, Beloit, Wis.-based Comply365, LLC merges with Bristol, England-based Vistair Limited, forming a compliance, safety, and data-intelligence technology company to serve the rail, aviation, and defense industries.

Shift5 Raises $50MM in Capital

OT (Operational Technology) cybersecurity company Shift5 has raised $50 million in a Series B round led by New York-based global private equity and venture capital firm Insight Partners.