Driivz acquired by Vontier to accelerate its e-mobility strategy
Driivz allows utilities, gas and oil companies, automakers, and EV charging service providers to deliver a set of advanced charging solutions.
End-to-end EV charging provider Driivz has been acquired by Vontier, a global industrial technology company focused on transportation and mobility solutions.
The acquisition accelerates Vontier’s strategy to provide smart mobility solutions. Driivz’s white-label solutions allow utilities, gas and oil companies, automakers, and EV charging service providers to deliver a set of advanced, yet easy-to-use solutions to players in the ecosystem such as fleets, hosts, municipalities, commercial and industrial buildings and MDUs.
“The acquisition of Driivz accelerates our portfolio diversification and e-mobility strategies toward long-term secular growth drivers and positions us well to capitalize on the global EV Charging Infrastructure (EVCI) market opportunities,” said Mark Morelli, President and CEO of Vontier.
Driivz will continue to be led by Doron Frenkel and will be run as an independent company, a wholly owned subsidiary of Vontier.
