Insurance Services Office acquires Atmospheric and Environmental Research
ISO has acquired Atmospheric and Environmental Research, Inc. (AER), a premier environmental and scientific research and predictive modeling company. Climate change and its impact on economic growth and stability is an emergent risk factor in the 21st century. AER provides industry-leading solutions for sensing, simulating, modeling, and predicting weather-related phenomena in the atmosphere, ocean, and space. AER has leveraged proprietary partnerships and technologies developed over three decades to create and refine advanced computer models, analysis tools, and databases that provide enhanced understanding of and predictions about the atmosphere, ocean, and climate. The acquisition of AER further supports ISO’s objective to expand its reach in the energy, financial, and government markets and enhances the ability to measure and assess the impact of climate change on insured risks.
Announcement Date: November 25, 2008
Deal Value: Undisclosed
SmartSynch acquires Applied Mesh Technologies
SmartSynch Inc., a provider of smart grid intelligence solutions for the utility industry, has acquired Applied Mesh Technologies (AppMesh). AppMesh provides leading-edge communications solutions to utilities and their commercial and industrial customers seeking to remotely monitor and control their energy usage to save money and increase operational efficiencies. The company’s proven suite of smart grid-oriented products will enable SmartSynch to extend service to customers on multiple levels, including distribution automation, SCADA, generator/load control, electric distribution monitoring, steam monitoring and PHEV monitoring. Specific products range from a low-cost ‘wireless pipe’ interface enabling utilities to transmit and receive data using any protocol or messaging scheme to a ‘smart car charger’ to be used with electric vehicles, allowing them to only re-charge during times when electricity costs are low.
Announcement Date: November 6, 2008
Deal Value: Undisclosed
Reservoir Group acquires InfoAsset
Reservoir Group, a UK-based provider of downhole drilling products and services to the oil and gas industry, has acquired InfoAsset. The deal is expected to help Reservoir create a data management division. InfoAsset is a data management services company for the oil and gas sector.
Announcement Date: November 4, 2008
Deal Value: Undsiclosed
Hansen Technologies acquires Peace Software
Hansen Technologies Ltd agreed to acquire Peace Software, a software development company, from First Data Corp, a unit of Kohlberg Kravis Roberts & Co. Peace Software is a software development company, headquartered in Miami, Florida. The company develops online customer information systems software, called Peace 8, which can be used for billing and customer care of electricity, gas and water customers in both competitive and regulated markets. Hansen Technologies Ltd (public) is a provider of information technology services, headquartered in Doncaster, Victoria. The company offers billing solutions, superannuation administration, resource management solutions and IT services to customers worldwide.
Announcement Date: October 20, 2008
Deal Value: Undisclosed
Johnson Controls acquires Gridlogix
Johnson Controls, Inc., the global multi-industrial leader in energy efficiency, has acquired Gridlogix. Gridlogix's EnNET platform allows building management systems to interface with open protocol IT systems to better manage energy, maintenance, physical security and compliance, which makes their facilities more energy efficient and sustainable. The platform is currently operating in many global business segments, including data centers, government, higher education and commercial facilities.
Announcement Date: October 20, 2008
Deal Value: Undisclosed
Leica Geosystems acquires Rinex Technology
Leica Geosystems' parent company, Hexagon Group of Sweden, acquired Rinex Technology of Perth, Australia. Rinex is one of Australia's premier precision agriculture companies and an emerging contender in the United States, developing and marketing hardware and software for agriculture equipment guidance and implement control. The acquisition will allow Leica to expand its line of precision products providing U.S. farmers with a wider range of components that will work with the Leica mojoRTK auto-steer system. The first new product resulting from this acquisition will be a full-color, full-function touch screen that will work directly with the Leica mojoRTK auto-steer system to provide additional functionality including contour and pivot guidance, mapping and record keeping.
Announcement Date: October 15, 2008
Deal Value: Undisclosed
Olameter acquires MeterSmart
Olameter Inc. (Canada) has acquired the Meter Data Management division of MeterSmart L.P. As a result of this acquisition, Olameter has expanded their suite of solutions to become a leading supplier of professional and reliable advanced meter reading and energy services to the utility industry. Olameter continues to provide an array of utility-focused IT solutions, consulting, field services, and meter shop services, but will now add meter data management, verification, estimation, and editing (VEE), and settlement services to their service portfolio. MeterSmart will remain in operation to provide services surrounding their advanced customer program management platform, Encentra. This acquisition will strengthen Olameter's North American market position to include over 100 clients within 36 U.S. states, four Canadian provinces, and Mexico.
Announcement Date: October 10, 2008
Deal Value: Undisclosed
Telular acquires SupplyNet
Telular Corporation, provider of alarm and event monitoring solutions and services, acquired SupplyNet Communications, a SaaS supplier of wireless tank-level monitoring services. SupplyNet Communications provides private label and branded tank monitoring solutions for some of the world’s largest petroleum logistics and chemical companies. SupplyNet’s automatic replenishment (ARP) infrastructure enables the wireless monitoring of vital inventory information allowing companies to manage costs while optimizing cash flow with just-in-time delivery. The acquisition of SupplyNet will expand Telular’s portfolio of solutions into emerging markets with significant growth potential and recurring revenue streams. By combining both its technology and experience, Telular will be able to introduce wireless ARP solutions to new industrial markets.
Announcement Date: October 1, 2008
Deal Value: $3 Million (Cash)