MiddleGround Capital acquired Pi Innovo from Dana (DAN). Pi Innovo, a designer and developer of open platform electronic control systems and control software, will be integrated into MiddleGround’s portfolio company, New Eagle – a provider of proprietary hardware and software controls technology for the automotive, commercial vehicle, off-highway, aerospace and defense industries. Founded in 2011 and headquartered near Detroit, Michigan, Pi Innovo designs embedded software solutions and electronic control ...