Silicon Energy Acquires SRC Systems

June 14, 2000 by Jeff Shepard

Silicon Energy (Alameda, CA) announced the acquisition of SRC Systems Inc. (Berkeley, CA). The acquisition of SRC adds more in-depth energy accounting and analysis capabilities to Silicon Energy's EEM software suite, which allows companies to manage their energy use in real-time through an integrated and open, Web-based system.SRC provides services, using its accounting and energy-analysis systems, to 5,000 customers, including IBM, Marriot Corp., Saks Inc., Johnson Controls, Honeywell and Siemens.