Causam Energy Finalizes Power Analytics Acquisition
Merged company hosting the 20/20 Vision-Driven Power Conference in October.
Causam Energy, Inc. has acquired Power Analytics Corporation, a leading developer of electrical power system design, simulation and analytic software for use in energy intensive, mission-critical facilities and microgrids. Financial terms were not disclosed.
Founded in 2012, Causam has developed a suite of technologies and commercial applications to enable, facilitate, and provide greater intelligence for the electric power grid. With the acquisition now complete, the merged company is currently developing additional solutions covering real-time two-way actionable communication, advanced analytics, and energy settlements for distributed generation applications. Plans are also in place to expand the partner network.