Phoenix Contact has added a new company to the Group at the onset of the new year. Phoenix Contact Innovation Ventures GmbH will invest in innovative technologies to make them commercially viable. It will invest its funds into promising ideas that are relevant to Phoenix Contact’s range of products and solutions. Innovation Ventures will develop business models that promise market success, together with the people providing the new ideas. In addition, these start-ups will be able to benefit from Phoenix Contact’s experience and extensive networks. Continue reading →