We are thrilled to announce that Astral Tech has been acquired by IMServ, a leading provider of metering and data services for the UK energy sector. This strategic acquisition marks a pivotal moment in our journey, allowing us to leverage IMServ’s extensive capabilities to enhance the value of our cutting-edge data-led software solutions on a global scale.
IMServ’s acquisition of Astral Tech is set to accelerate their transformation into a technology-driven energy data powerhouse. By integrating our advanced unified data model, IMServ will now offer a single version of the truth, connecting insights from meters, assets, and customer interactions to help energy suppliers and businesses streamline operations, cut costs, and make smarter decisions.
Astral Tech will continue to offer their market-leading Astral X platform and energy data management services to clients in Europe and North America. The combination of IMServ and Astral Tech will create a suite of business solutions for utilities and retail energy companies in all markets and serving any commodities.
Jo Cox, CEO of IMServ, highlighted the significance of this acquisition: “This acquisition creates a data launchpad, not just for IMServ, but for the wider energy sector. Astral Tech has built a proven and scalable solution that’s already delivering real value across Europe and the U.S. By bringing its expertise to IMServ, we’re creating a unified energy data model that eliminates fragmentation and complexity, ensuring every customer gets the clarity they need – no matter where their data comes from or how they want to use it.”
Jeremy Thomas, CEO of Astral Tech, also shared his excitement: “With the support of IMServ, we’ll be able to accelerate the pace at which we bring innovative solutions to market. Our combined expertise in technology, data, and metering services will deliver even greater benefits for our customers, strengthening our position as a global leader in energy data.”
This acquisition not only strengthens IMServ’s position as a leading provider in the UK but also sets the stage for further international growth. Together, we’re poised to reshape the energy data landscape and contribute to a smarter, more sustainable energy future.
Stay tuned for more updates as we continue this exciting new chapter!