Mitsubishi Electric will acquire US energy management software company PCI Energy Solutions. The total acquisition price is $1.4 billion (approximately ¥220 billion), and the transaction is expected to close in 2026.
Mitsubishi Electric announced on the 20th that it will acquire US-based PCI Energy Solutions. The total acquisition price will be approximately ¥220 billion, making it the largest acquisition in the company's history.
PCI Energy Solutions is headquartered in Oklahoma, US, and provides software that supports trading based on supply-and-demand forecasts in electricity markets.
Through the acquisition, Mitsubishi Electric will incorporate advanced technologies that enable it to propose ways for customers such as data centers, factories and buildings to reduce energy costs, while expanding its customer reach into upstream power trading markets and other areas.
Mitsubishi Electric has identified smart energy as a focus area in its medium-term management plan and plans to accelerate the rollout of products and services that optimize power consumption at data centers and factories.