Kele supplies over 108,000 peripheral control products
November 19, 2015
Antares Capital and American Capital arranged for $170 million in financing to support the acquisition of Kele Inc. by Snow Phipps Group LLC. Kele is a distributor of peripheral control products used in building automation systems. Snow Phipps is a private equity firm focused on middle-market control investments.
The new standards focus on the interoperability of Internet of Things (IoT) devices
November 17, 2015
The Consumer Electronics Association (CEA)® and LONMARK International announced that two of their standards — ANSI/CEA-709.5 and ANSI/CEA 709.6 — are now approved American National Standards Institute (ANSI) standards for home and building automation.
The Buildings of the Future project, an endeavor spearheaded by the Pacific Northwest National Laboratory (PNNL) and the DOE, aims to develop a vision for what U.S. commercial and residential buildings could become in 100 years.
Europe will be the biggest market in terms of revenue followed by North America and Asia Pacific
November 16, 2015
The building automation market is forecast to experience steady but incremental growth over the next five years, generating $45 billion in 2021, according to a report from ABI Research. Europe will be the biggest market in terms of revenue followed by North America and Asia Pacific in 2021.
Honeywell survey reveals that U.S. buildings lack connectivity and intelligence
November 13, 2015
A survey of nearly 500 buildings across seven major U.S. cities by Honeywell and KRC Research shows that building operators prioritize the safety and security of their facilities over efficiency and sustainability.
The U.S. Department of Energy (DOE) is matching a $2.25 million Clean Energy Fund grant from the Washington Department of Commerce to research, develop, and demonstrate the technologies needed to create smart buildings, campuses, and cities to better manage energy usage.
Awards honor important efforts in energy conservation
November 10, 2015
Daintree Networks®, a provider of open networked wireless building control and operation solutions for smart buildings, has announced the winners of its second annual Energy Champion Awards. The awards honor the efforts of those in the industry that are openly driving awareness to save energy in commercial buildings.
Phoenix Energy Technologies monitors and controls energy usage at an enterprise level
November 5, 2015
Duke Energy, one of the nation’s largest electric utilities, has acquired a majority share of Phoenix Energy Technologies (PhoenixET), a provider of energy management systems and services for commercial customers. The terms of the deal were not disclosed.