Octopus Energy Group Ltd. today announced plans to spin off its Kraken subsidiary, which sells software that helps utilities operate more efficiently. The Wall Street Journal cited analysts as saying ...

Octopus Energy Group is formally spinning out its Kraken technology arm after completing the first standalone investment round for the business, valuing Kraken at $8.65 billion. The $1 billion equity ...

British clean energy giant Octopus Energy Group Ltd. has announced it’s spinning off its most valuable technology asset as a standalone entity. The company said its Kraken Technologies Ltd. subsidiary ...

UK utility Octopus Energy Group Ltd has agreed to sell a stake in software unit Kraken Technologies at a valuation of US$8.65 billion.

Kraken has recently rolled out significant updates that strengthen its platform’s offerings, enhance user experience, and reinforce its commitment to security and compliance. These developments ...