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Verisae Gains Momentum With Acquisition Of ViryaNet

Date: 12 August 2014

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6 pages

EXECUTIVE SUMMARY

On June 10, 2014, energy, facility, machine to machine monitoring and sustainability management software supplier Verisae announced its acquisition of ViryaNet for $18.8 million. Following the deal, Verdantix spoke with Jerry Dolinsky, CEO of Verisae, to hear about the specifics of the transaction and what this means for Verisae’s customers. This report helps buyers of facility and mobile workforce management software and services, such as Directors of Energy, Facilities and Field Services, understand the significance of the ViryaNet acquisition.

TABLE OF CONTENTS

VERISAE GAINS MOMENTUM WITH ACQUISITION OF VIRYANET

ViryaNet Deal Represents Significant Addition To Verisae’s Solutions
Verisae’s End-To-End Facility Management Move Pressures Competition

ORGANIZATIONS MENTIONED

Amdocs, Consolidated Edison, Costco, Cracker Barrel, Ecova, Florida Power & Light, Franke, Fresh & Easy, Frontier Communications, GE Digital Energy, Hara, IBM, Infor, Innserve, JCPenney, Johnson Controls, Kroger, LoJack, Marlin Equity Partners, Publix, Sainsbury’s, ServiceMax, Target, Tesco, TOA Technologies, Vectren, Verisae, ViryaNet, Vodafone, Walmart, WorkOasis, XO Communications