New Eagle, a portfolio company of MiddleGround Capital and a maker of hardware and software controls, has acquired Pi Innovo from Dana.
Pi Innovo develops embedded control systems and electronic control unit (ECU) technologies that support vehicle electrification, hybrid propulsion, and clean-fuel applications for OEMs in the commercial vehicle and specialty mobility sectors and for their Tier-1 suppliers. Pi Innovo was founded in the early 1990s and is headquartered in Detroit. The company w...
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