Key Takeaways Powell is acquiring Remsdaq to strengthen its business and increase market share in automation. The deal integrates Remsdaq's SCADA RTUs with Powell's sensors to enhance automation solutions. Acquisition will deepen Powell's reach in utilities and meet rising demand for digital automation.Powell Industries, Inc. (POWL) has inked a deal to acquire Remsdaq Ltd. for £12.2 million (approximately $16.3 million) in cash. The deal includes an upfront payment of £9.2 million, with the rest to be pai ...