UTC Climate, Controls & Security has successfully completed its planned acquisition of EcoEnergy, Wipro Limited's energy services business division.
EcoEnergy, based in Bengaluru, India, is a leading energy management solutions company that optimizes customers' energy consumption by analyzing insights gained from their software-as-a-service platform, big data analytics and domain-centric people and processes.
UTC Climate, Controls & Security, a leading provider of heating, ventilating, air conditioning and refrigeration systems, is a unit of United Technologies Corp. (NYSE:UTX).
"We are delighted to welcome the EcoEnergy team into UTC Climate, Controls & Security. Their expertise, along with the EcoEnergy energy management platform and services, will further enhance the building analytics capabilities offered to our customers around the world," says Ross Shuster, president, International Operations, UTC Climate, Controls & Security.
"With proven energy savings of over 1.5 billion kilowatt-hours to date across 6,000 commercial sites in North America, Europe and Asia, EcoEnergy's domain-centric expertise, technology assets and remote monitoring services strengthen our ability to help customers achieve their energy-saving goals."
(Continued on the next page)