Acquisition
Powel acquires Elsmart
Powel recently acquired all shares of Elsmart AS from Agder Energi Venture. The rationale for the acquisition was to strengthen Powel’s position in the Nordic electric utility market.
2010

Powel strenghtens its position in the Nordic electric utility market

Powel is a Norwegian-based software company delivering business critical software solutions and related services specifically designed to help energy companies and municipalities improve daily operational processes and service quality. Elsmart is a Norwegian software and services company offering standardised solutions for handling of messages and work orders between grid contractors and the utility, primarily over a web based system.

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