Vontier commits $500M+ to energy transition, acquires EV charging software firm Driivz

Vontier Corp

Multi-year investment commitment of more than $500 million over next 5 years to lead in low-carbon energy transition.
Acquisition of Driivz, a cloud-based EV charging and energy management software provider; no purchase price disclosed.
Driivz platform supports over 500 charger types and more than 100,000 charging points globally.
Driivz serves customers including Volvo Group, EVgo, and Gilbarco Veeder-Root; based in Tel Aviv, Israel.
Vontier's relationship with Driivz began with a minority investment in early 2020.

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