Deal closed Sep 2011 · San Diego, CA Verified
Siemens Acquires Advanced Telemetry
Siemens Industry Inc. has acquired substantially all of the assets of Advanced Telemetry LLC, a San Diego-based provider of wireless and cloud-based energy management solutions for retail and commercial businesses. The acquisition aims to expand Siemens' reach into new vertical markets and solidify its range of energy management solutions for smaller commercial spaces.
“Siemens Industry Inc. announced it has acquired substantially all of the assets of Advanced Telemetry LLC, a San Diego-based company offering end-to-end wireless and cloud-based energy management solutions for retail and commercial businesses.”
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Other Sentiment: Neutral
Source: www.achrnews.com
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