Siemens acquires assets of Advanced Telemetry

Siemens Industry Inc. acquired substantially all assets of Advanced Telemetry LLC, a San Diego energy-management technology company, to expand its building technologies energy-management portfolio into smaller commercial and franchised retail markets. Financial terms were not disclosed.

“Siemens Industry Inc. announced that 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. Financial terms were not disclosed.”

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