Vizimax

What Vizimax does

Vizimax Inc. is a Longueuil, Quebec-based engineering company that designs and manufactures electronic devices for medium and high voltage power grids, centered on its patented SynchroTeq point-on-wave (POW) controlled switching technology. The technology determines the optimal electrical moment to open or close a circuit breaker, mitigating inrush currents, voltage dips, and switching transients during transformer energization, capacitor bank switching, and reactor switching. The product portfolio spans SynchroTeq variants (Plus, MV, Lite, and enclosure-based form factors STM045000 and STM046000), the AMU standalone merging unit for IEC 61850-9-2LE digital conversion, the PMU phasor measurement unit for synchrophasor monitoring, the RightWON protocol converter and automation platform, and the Versa modular auxiliary relay system. Vizimax holds 9 patents across the US, Canada, and China and is ISO 9001:2015 certified.

The company serves utilities, renewable energy developers (wind, solar, BESS), HV/MV switchgear OEMs, and heavy industries including oil and gas, metallurgy, railways, petrochemicals, and mining. Sales are executed through enterprise field engagement supported by a network of international distributors covering 40 countries across six continents, with regional offices in Medellín (Colombia) and Bohinjska Bistrica (Slovenia) and a dedicated US sales representative through parent Power Grid Components (PGC), a Blackstone portfolio company that acquired Vizimax in October 2024. Vizimax's Hydro-Québec reference relationship, dating back to the 1991 launch of the first-generation ICOS product, anchors its commercial credibility in North American utilities.

Revenue is generated primarily through direct enterprise hardware sales of proprietary electronic devices, supplemented by one-time software and firmware licenses (including configuration tools and the SynchroTeq GateWay integration product), with pricing conducted on a project-specific basis under multi-year contracts. The company does not maintain e-commerce or self-serve channels, instead relying on free simulation libraries for PSCAD, EMTP/EMTP-RV, and MathWorks Matlab-Simulink as a lead-generation tool, alongside trade-show presence at DistribuTECH, IEEE PES T&D, CIGRE, and RE+ events.

Name

Vizimax

Legal name

VIZIMAX Inc.

Website

https://vizimax.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Short description

Vizimax designs and manufactures patented point-on-wave controlled switching devices and supporting automation hardware (SynchroTeq, AMU, PMU, RightWON, Versa) that mitigate inrush currents and switching transients for utilities, renewable energy developers, switchgear OEMs, and heavy industries across 40 countries.

Ownership category

akta.pro rank

Product category

Substation Automation Equipment

NAICS

Switchgear and Switchboard Apparatus Manufacturing (335313), Relay and Industrial Control Manufacturing (335314), Power, Distribution, and Specialty Transformer Manufacturing (335311), Electric Power Transmission, Control, and Distribution (22112)

SIC

Switchgear & Switchboard Apparatus (3613), Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Industrial Instruments For Measurement, Display, And Control (3823), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Switchgear & Switchboards (HV/MV/LV, GIS/AIS) (IMAGAAAB)

akta.pro secondary industries

Circuit Breakers, Disconnectors, Earthing Switches & Switchgear Components (EUADACAH), Testing, Commissioning, Maintenance & Retrofit/Modernization (Substations/Switchgear) (EUADACAL), Protection, control & substation automation engineering (relay/RTU/IEC 61850) (EUADAKAD), Substation Systems & Integration (EPC, Engineering, Protection, Commissioning) (IMAGAAAC), Instrument Transformers (CTs/VTs) & Sensors (Conventional/Optical) (EUADACAG)

Keywords

• Controlled switching devices
• Point-on-wave switching
• Substation automation hardware
• Merging units measurement
• Inrush current mitigation

Headquarters

HQ city

Longueuil

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Hardware Product Sales: Sale of proprietary electronic hardware devices for medium and high voltage power systems. Product lines include SynchroTeq controlled switching devices (MV and HV variants, enclosure products), AMU standalone merging units, PMU synchrophasor units, RightWON protocol converters, and Versa auxiliary relay systems. Sales model is direct enterprise with international distributor channel. Hardware products require expert installation and configuration.
2. Software and Firmware Products: Configuration tools, firmware, and software user guides sold as part of product ecosystem. Also offers simulation libraries (PSCAD, EMTP/EMTP-RV, MathWorks Matlab-Simulink) provided free of charge for lead generation purposes. Additional software products include SynchroTeq GateWay for integrating legacy SynchroTeq STU into IEC 61850 environments.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Vizimax designs and manufactures patented point-on-wave controlled switching devices and complementary substation automation hardware (the SynchroTeq family, AMU, PMU, RightWON, and Versa products). These devices mitigate switching transients, inrush currents, and voltage disturbances in medium and high voltage power systems for utilities, renewable energy developers, switchgear OEMs, and heavy industrial operators.

Product overview

Vizimax offers a comprehensive suite of smart switching solutions for medium and high voltage power grids, centered around its flagship SynchroTeq controlled switching technology. The portfolio includes SynchroTeq in multiple variants (MV, Plus, Lite, and enclosure solutions) for inrush current limitation, AMU for IEC 61850 protocol conversion, PMU for synchrophasor measurement, RightWON for protocol conversion and automation, and Versa for auxiliary relay applications. These products work together to ensure grid stability, extend asset lifespan, and optimize power system performance across renewable energy, transmission/distribution, and industrial applications.

Differentiator

Problem solved

Functional benefit

Brands

• SynchroTeq: Flagship point-on-wave controller for transformer energization and inrush current mitigation in medium and high voltage applications.
• AMU
• PMU
• RightWON
• Versa

Products and services

• SynchroTeq Plus Full-featured patented point-on-wave controlled switching device engineered for high-voltage and medium-voltage substations. Designed for utilities, transmission system operators, renewable energy operators, and switchgear OEMs requiring reliable mitigation of switching transients and inrush currents.
• SynchroTeq MV Compact point-on-wave controlled switching device purpose-built for MV distribution-class applications such as capacitor banks, transformers, and reactors. Targets utilities and renewable energy operators with substation sizes between 50 and 200 capacitive reactive power banks.
• SynchroTeq Lite Smaller, simpler, and more economical point-on-wave controlled switching device targeted at renewable energy developers, smaller substations, and other cost-sensitive MV applications.
• STM045000 SynchroTeq MV Enclosure Pre-engineered outdoor-rated enclosure that houses a SynchroTeq MV device together with a standard protection relay, batteries, and accessories for plug-and-play installation. Reduces on-site engineering and commissioning effort.
• STM046000 TFC Enclosure Pre-engineered enclosure integrating the Transformer Flux Conditioning (TFC) algorithm to safely energize power transformers with unknown residual flux, mitigating severe inrush currents.
• AMU Standalone Merging Unit Standalone Merging Unit providing digital sample value outputs (IEC 61850-9-2 / 9-3) for digital substations. Derived from Vizimax's SynchroTeq technology platform and used by utilities and OEMs building IEC 61850-based protection and automation schemes.
• PMU Phasor Measurement Unit Phasor Measurement Unit that delivers real-time synchrophasor measurements (PMU functionality) for wide-area monitoring systems, grid visibility, and stability applications. Intended for utilities and transmission operators modernizing their monitoring infrastructure.
• RightWON Protocol Converter Industrial-grade protocol converter designed to bridge legacy intelligent electronic devices (IEDs) with modern IEC 61850 substations, supporting protocols such as DNP3, Modbus, IEC 61850, IEC 60870-5-101/103/104, and DLMS. Marketed to utilities and system integrators; product has reached End of Life.
• Versa Auxiliary Relays Versatile multi-configuration auxiliary relay family for substation switching, interlocking, and signaling applications. Configurable to customer requirements and used by utilities, switchgear manufacturers, and industrial operators.

Quantifiable outcome

• Transformer energization currents below 1PU (per unit) at all times with STM046000 TFC Enclosure
• +4 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• Hydro-QuébeccoreStrategic or Co-development PartnerHydro-Québec collaborated with Vizimax to develop the first generation of SynchroTeq product (ICOS) in 1991. This collaboration established Vizimax's technology foundation. Hydro-Québec also approves Versa auxiliary relay products, indicating ongoing commercial relationship. Hydro-Québec is a major Quebec government-owned public utility and a key reference customer.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Hitachi Energy (formerly ABB Power Grids): Major OEM of HV/MV switchgear, instrument transformers, substation automation and protection/control devices that address the same utility and industrial customers that Vizimax serves. Provides a broad portfolio across the points in the power grid where Vizimax competes, including controlled switching capabilities.
• Siemens Smart Infrastructure: One of the largest global providers of MV/HV switchgear, protection and substation automation systems with IEC 61850-compatible controllers. Competes head-to-head with Vizimax for utility and industrial grid-modernization budgets.
• GE Vernova Grid Solutions: Supplies HV/MV switchgear, protection and control, instrument transformers, and substation automation products into utility, renewable and industrial markets. Directly comparable scope and customer base to Vizimax, with broader product breadth.
• Schneider Electric: Global manufacturer of MV/LV switchgear, protection relays, and substation automation hardware sold to utilities and industrial customers. Adjacent technology overlap and shared focus on IEC 61850-based grid modernization.
• Eaton: Manufactures MV and LV switchgear, power quality and substation automation equipment, and serves the same utilities, renewable developers and industrial customers as Vizimax with a much broader portfolio.

Direct peers

• Schweitzer Engineering Laboratories (SEL): Specialist in protection, automation, and synchronization equipment for substations including IEC 61850-capable relays, PMUs/synchrophasors, and protocol converters. Closely comparable to Vizimax's RightWON, Versa, AMU and PMU product lines.
• Arteche: Specialist manufacturer of instrument transformers (CTs/VTs), merging units and auxiliary relays for substations. Closely comparable to Vizimax's AMU and Versa product families and targets the same T&D customer segment.
• Arbiter Systems: Manufacturer of high-precision phasor measurement units (PMUs), GPS clocks and synchrophasor equipment for power system monitoring. Directly comparable to Vizimax's PMU product line.
• Powell Industries: Designs and builds custom MV/HV switchgear, power control buildings and substation integration solutions for utilities and heavy industrial customers. Overlaps with Vizimax's switchgear manufacturer and T&D segments.

Emerging players

• NR Electric (NRST/NARI): Chinese-headquartered specialist in substation automation, protection and IEC 61850-based control devices serving transmission utilities. Comparable product overlap with Vizimax's protection and automation offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/vizimax
• LinkedInlinkedin.com/company/vizimax-inc-/mycompany/?viewAsMember=true

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vizimax