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Kontrol Energy Completes Acquisition of the IP and Patents of Dimax Controls Canada Inc. and rebrands as Kontrol SmartSite®

Kontrol energyVAUGHAN, ON January 16, 2019 - ("Kontrol" or the "Company") announces that it has purchased the IP and Patents of Dimax Controls Canada Inc. (“Dimax”) and rebranded the energy software technology as Kontrol SmartSite®.
Categorized in: Business, Information Communications & Technology, Mergers & Acquisitions Posted on: Last updated on: Written by:

Kontrol energyVAUGHAN, ON January 16, 2019 – (“Kontrol” or the “Company”) announces that it has purchased the IP and Patents of Dimax Controls Canada Inc. (“Dimax”) and rebranded the energy software technology as Kontrol SmartSite®.

Following the successful acquisition of the operating assets of MCW Dimax Ltd. on April 30, 2018, Kontrol has now acquired the IP, formerly licensed to MCW Dimax Ltd., which includes 2 US patents and 1 Canadian patent. The transaction has been structured as an asset purchase.

Full Article: kontrolenergy.com