Siemens acquires assets of Advanced Telemetry (energy management)

Siemens Industry acquired substantially all the assets of Advanced Telemetry LLC, a San Diego maker of wireless/cloud energy management solutions, to expand into small commercial and franchised retail markets. A strategic corporate asset acquisition.

“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. Financial terms were not disclosed.”

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