Siemens to acquire energy-management firm Site Controls LLC

Siemens Industry's Building Technologies Division signed an agreement to acquire Site Controls LLC, an Austin-based provider of enterprise energy-management solutions, to broaden its building automation and HVAC controls portfolio. Terms were undisclosed and closing was subject to U.S. antitrust review.

“The Building Technologies Division of Siemens Industry Inc. signed an agreement to acquire Site Controls LLC, an Austin, Texas-based provider of enterprise-wide energy management solutions for multi-site commercial businesses. Terms of the acquisition were not disclosed, and closing is subject to U.S. antitrust review and approval.”

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