Equinor has exited wind power technology provider Fos4X in an acquisition by PolyTech that followed at least $12.5m in venture funding.

Wind turbine equipment maker PolyTech acquired Fos4X, a Germany-based developer of wind farm optimisation technology, for an undisclosed sum on Wednesday, allowing power producer Equinor to exit. Spun out of TU Munich (TUM) in 2010, Fos4X markets internet-connected sensors that can be fixed to wind turbines to evaluate their aerodynamic profile, providing data that can…

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