Electric vehicle charging network operator ChargePoint has acquired smart grid software provider Kisensum as it bids to bolster its services and drive a period of “aggressive” growth.

Kisensum’s cloud-based solution combines energy and fleet management fields, aiming to integral and optimise distributed energy sources such as onsite generation, storage and EV charging station.

The California-based outfit has provided solutions for customers mainly based in its native state, but ChargePoint’s acquisition could see it introduced into new territories.

And ChargePoint is backing the deal to strengthen its suite of services as it looks towards fulfilling “the most aggressive period of growth” in its 10-year history.

Simon Lonsdale, chief strategy officer at ChargePoint, said the acquisition was testament to the company’s “pioneering spirit”.

“The Kisensum team has built the most versatile fleet and energy management software platform in the industry, with a collection of customers that represent some of the most forward-thinking companies preparing for the electrification of transportation.

“Bringing Kisensum into the ChargePoint team broadens our portfolio and enables our team to offer solutions for a wide array of challenges facing fleet operators as they prepare for the future of mobility,” he said.

Financial terms of the deal have not been disclosed, but Kisensum’s staff are to become ChargePoint employees while maintaining its base in Oakland.

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