Volue, a leader in technologies and services that enable its customers to succeed in the energy transition, has announced the sale of Scanmatic AS, a supplier of instrumentation, control systems and advanced signal processing technology.
Published
May 22, 2025
Corporate News
Scanmatic has been acquired by Measure It, the parent company of Cautus Geo. Measure It is owned by Equip Capital and Cautus Geo Management. Founded in 2018, Equip Capital manages NOK 8.6 billion, investing in companies with strong potential for profitable growth and exceptional development. The divestment will take effect immediately on 22 May, 2025.
Volue remains committed to ensuring a seamless transition for Scanmatic’s customers and will work closely with the new owner to maintain service continuity.
In January 2024, Volue announced the renaming of Volue Industrial IoT AS to Scanmatic AS. The renaming was part of preparations to establish Scanmatic as a standalone entity, paving the way for today's divestment.
On the sale, Trond Straume, CEO, Volue, commented: “Scanmatic operates in a hardware-centric industry, while our expertise lies in SaaS. As we accelerate our next phase of growth as a leading software and services provider in the energy sector, this divestment reinforces our strategic focus.
“I want to thank the Scanmatic employees, customers, and partners for their support throughout the journey with Volue, and I wish the organisation the very best under the guidance of its new owners.”
Max Ingwersen, SVP Strategy and M&A, Volue, added: “This divestment will support reinvestment into our core product areas, and further increase Volue’s focus on driving long term value and innovation for its software customers.”