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The software, which connects remote monitoring systems in commercial facilities, is "indicative of the expanded services" Wesco intends to provide.
Author
- Vesna Brajkovic
Date
- June 6, 2024
- TypeNews
Electrical, data and security products distributor Wesco International purchased data center and building intelligence software entroCIM for $30 million.
entroCIM’s Central Intelligence Manager (CIM) is an HTML5 browser-based application sold as-a-service to connect devices and remote monitoring systems in commercial facilities, company officials said.
Today, entroCIM monitors millions of square feet in environments ranging from data centers and large commercial buildings to airports and universities. Through an open API architecture and out-of-the-box connectivity with industry standard protocols, entroCIM acts as an aggregation layer for multiple operating systems and is an accelerator of IT/OT convergence – helping to drive better operational visibility for data center and building applications, the company added.
“This acquisition is indicative of the expanded services, data-informed intelligence and expertise that Wesco intends to provide to our global customers and supplier partners to drive increased value through the supply chain,” said John Engel, Chairman, President and CEO of Wesco in a June 5 news release.
The initial purchase price may include an additional earnout based on performance. Additional terms of the transaction were not disclosed.
Earlier this year, Wesco partnered with intelligent pricing specialist company Flintfox International to centralize its pricing.
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- Filed In: Electrical
About the Author
Vesna Brajkovic is MDM's Senior Editor, having joined the company in May 2023. She has more than seven years of experience as a B2B publication editor, having focused on the commercial trucking, railroad, transit, fleet maintenance, automotive aftermarket and aviation industries. Brajkovic most recently spent the past two-plus years as Managing Editor of Heavy Duty Trucking for Bobit Business Media — where she reported and edited news and features on the commercial trucking industry, managed eNewsletters and social media, coordinated print magazine production and developed content for events and multimedia such as podcasts and videos. She can be contacted at vesna@mdm.com.
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