Float IoT is proud to announce that Esyasoft Holding Ltd., a global leader in advanced metering infrastructure (AMI) solutions for the energy and utility sectors, has acquired a 70% stake in the company. This partnership represents a transformative milestone for Float IoT, granting the company a global platform to scale its innovative solutions and make a greater impact in the smart water technology space.
By joining forces with Esyasoft, Float IoT will accelerate its mission to empower water utilities with cutting-edge technological solutions aimed at reducing non-revenue water and enhancing operational efficiency. Esyasoft’s extensive experience in energy and utility markets, combined with Float IoT’s robust portfolio of IoT hardware and software solutions, creates a powerful synergy to address some of the most pressing water management challenges worldwide.
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