Prolan Process Control Co. and Ipsol Ltd. both renowned suppliers to the Hungarian electrical power industry, and who have huge innovative potential in the rapidly growing energy efficiency sector, are to establish a strategic working alliance. The goal of the cooperation is to offer synergies in the area of research and development to the blossoming smart solutions market in order to serve existing and new clients with complex, state-of-the-art technologies.
With this merger we can strengthen our position and become an attractive alternative in the smart solutions market – says Mr. Ferenc Sörös, CEO of Prolan. Given that our technology, development philosophies and strategies complement each other, we will have a portfolio covering a larger stake of the Hungarian market as well as some international interests.
Mr. Richard Haddad, CEO of Ipsol Ltd. Adds: Our endeavours are boosted by becoming part of the Prolan group. We can meet the challenges of competing with recognized multinationals and provide solutions with the best of Hungarian engineering.
We are about to establish new connections with other parties – notes Mr. Ferenc Sörös – our success lies in forming advantageous strategic partnerships whether locally or global.
Apart from development processes the cooperation will affect other areas such as commercial activity and marketing. The two companies will attend conferences and exhibitions together.
Ipsol Ltd. is leading business activities in Energy IT since 2006. The company is providing Intelligent Power Solution (IPSOL).
Our company profile includes Enegy audit & Energy acquisition, applying the new and innovative Smart Metering technology, M2M (machine to machine) communication lines built up and operation and consulting in different localisation topics (Smart Office, GPS, ect…). Along with this, we are also leading in R&D topics, which helps us to make perfect our technologies trought these new and innovative projects.