One year after acquiring powercloud GmbH, Hansen Technologies is strengthening its market presence in Germany through the acquisition of complementary software assets from long-term powercloud partner, CONUTI GmbH.
Hansen Technologies (ASX:HSN), a leading global provider of software and services to the energy & utilities and communications & media industries, is pleased to announce it has entered into an Asset and License Purchase Agreement to acquire selected software licenses and assets from CONUTI GmbH for a total consideration of up to EUR 7.5 million (approximately A$13.4 million).
CONUTI GmbH has been a trusted partner of powercloud for more than 10 years. powercloud was acquired by Hansen in February 2024. This latest transaction brings several strategic capabilities in-house, including a German-compliant market messaging solution, a data analytics platform, and other complementary applications that are already integrated with powercloud and operational with existing customers in the German energy market.
Andrew Hansen, Global Managing Director & CEO, commented:
“This acquisition marks another important step in our strategy to drive growth and investment in Germany and the broader DACH region. The assets from CONUTI are highly complementary to our existing offering via powercloud, bringing valuable intellectual property and deep expertise into the Hansen Group. This strengthens our ability to deliver end-to-end solutions, enabling deeper integration, greater innovation, and increased value for our customers.”
The German energy sector is undergoing rapid digital transformation, coupled with increasingly complex regulatory requirements. Hansen views this as a significant opportunity to ensure future-focused investment in key software applications, while also leveraging its global experience to actively support German utilities in their digital journeys.
The acquired software solutions are already well-established in the German market and will expand Hansen’s portfolio, offering utilities new opportunities to drive operational efficiency, automation, and regulatory compliance.
As part of the acquisition, Hansen will strengthen its service delivery capabilities and expand further modules to its core SaaS billing platform.
This strategic move aligns with the strong local leadership already in place, including the recent appointments of Sebastian Kleinke and Dr. Harald Varel, who bring deep market expertise and proven leadership to our German operations. Together, they will help drive Hansen’s continued growth and long-term commitment to the German energy sector.
About Hansen Technologies
Hansen Technologies (ASX: HSN) is a leading global software and services provider for the energy & utilities, and communications & media industries. Hansen serves customers in over 80 countries, helping them to deliver new products and services, manage and analyse customer data, and control critical revenue management and customer support processes.
For more information, visit www.hansencx.com
About CONUTI GmbH
CONUTI GmbH is an independent IT service provider headquartered in Karlsruhe, founded in 2010. Since then, the company has been supporting utilities, network and metering point operators, as well as new market participants, in the digitalisation of their business and market communication processes.
Contact:
Florina Neuhaus
Global Manager Public Relations
powercloud GmbH
florina.neuhaus@power.cloud
