On January 3, 2023, NovaTech Automation sold its Process Solutions Division to Valmet, a leading global developer and supplier of process technologies, automation and services for the pulp, paper, energy, marine, and process industries. More information can be found at https://www.valmet.com/automation/control-systems/d3.

NovaTech Automation will now focus exclusively on solving automation challenges in the evolving power grid, with increased investment in new solutions.