Delta Electronics, Inc. (hereinafter referred to as "Delta") announced the signing of a definitive agreement pursuant to which Delta Electronics (Netherlands) B.V., a wholly-owned subsidiary of Delta, will acquire 100% of the shares of Trihedral Engineering Limited (hereinafter referred to as "Trihedral"), a Canadian SCADA and IIoT software company, for CAD 45 million (approx. NTD 965 million)*. The acquisition will unite the strengths of Delta's hardware and Trihedral's software in the rapidly growing field of Automation, AI, and Data Analytics, which is expected to further strengthen the sales expansion in various fields such as industrial automation for smart manufacturing.
Simon Chang, president of Delta said, "With the continued proliferation of the Internet of Things, customers expect digital oversight and management of their operations. The collecting, monitoring and analyzing of data are critical to Delta's two major growth engines of the future - smart manufacturing and smart cities.
Trihedral has designed and sold market leading SCADA software for more than 30 years, in the segments of water/wastewater, oil & gas, energy and more. Their unwavering focus to enhance the SCADA platform for its present use and for use in new markets, including smart manufacturing, aligns perfectly with Delta's long-term strategy. The synergy of the two companies will quickly create unique solutions for our strategic global markets."