Aug. 24, 2012: Ingersoll Rand Invests in Energy Management Company Powerhouse Dynamics
BOSTON — Powerhouse Dynamics, creator of the eMonitor™ energy management system, announced that Ingersoll Rand has made a strategic investment in the company.
“Consumers are increasingly interested in understanding their energy usage and identifying ways in which they can address controlling their energy usage at a device level. The integration of Powerhouse Dynamics’ eMonitor into Nexia™ Home Intelligence enhances our customers’ ability to control their energy usage through their Nexia systems. Our investment in Powerhouse Dynamics strengthens our partnership, and allows both companies to better achieve their visions for the integrated product line,” said Aine Denari, director of strategy for Ingersoll Rand Residential Solutions.