Eneco Show-maker

Eneco Show-maker

Tech October 26, 2015 20:29

- Energy company Eneco has a full stake in the maker of smart thermostat Show, Quby. The purpose of the acquisition is to turn the unit around the world effectively in the market.

Eneco already had a stake of 53 percent, but is now so completely part of the company. However, it continues to maintain an independent management and also keep about 100 employees working from the present office.

Show has been sold 175 000 times. The goal is to have one million European users in 2017.

To acquire Financial details were not disclosed.

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