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 centre. Intellisync also offers vulnerability assessment, security testing, and consulting services covering digital transformation, data analytics, and AI. 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 specialises in hardware and software for controlling renewable and distributed energy resources. As one of WiSNAM's flagship offerings, Power Plant Controller maximises 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 decarbonisation of energy-intensive industries.”
Koji Nakaoka, Yokogawa Electric Executive Vice President, Executive Officer, and Head of the company’s Energy & Sustainability Business Headquarters, added: “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.”