Event
New Eagle platform adds Pi Innovo through MiddleGround acquisition
MiddleGround Capital acquired Pi Innovo from Dana and integrated it into portfolio company New Eagle.
Evidence notes
- Pi Innovo designs open-platform electronic control systems and control software for specialty mobility applications.
- The acquired business complements New Eagle’s Raptor controls hardware, software and engineering services.
- MiddleGround said Pi Innovo would be integrated into New Eagle, its embedded controls portfolio company.
Company context
New Eagle develops embedded control systems and production electronics for autonomous, electric and connected machines. Its capabilities combine rugged electronic control units, model-based software, vehicle networks, cybersecurity, calibration and manufacturing support. The company helps OEMs move from prototype controls to production across off-highway vehicles, robotics, mobility and industrial equipment.
Context
- Company
- New Eagle
- Segment
- Electronics
- Event type
- Acquisition
- Added to Korthos
- Jul 14, 2026
- Geography
- Ann Arbor · United States