Silver Spring Networks might be the “Cisco of the smart grid” (well, before Cisco entered the smart grid space), but demand response company EnerNOC has the famous acquisition habits of the router giant. Over the past several years EnerNOC has acquired more than half a dozen companies, as it looks to expand outside of its core competency of providing utilities ways to turn down power loads.
The latest is M2M Communications, which helps EnerNOC fold in the energy from agriculture systems to its power portfolio. Here’s EnerNOC’s acquisition tally to date:
|EnerNOC||Cogent Energy||Undisclosed, Dec. 2009||Demand response player moves into energy efficiency business.|
|EnerNOC||eQuilibrium Solutions||Undisclosed, June 2009||EnerNOC adds on energy and carbon accounting software.|
|EnerNOC||Global Energy Partners||$26.5M, Dec 2010||EnerNOC keeps expanding beyond demand response with Global Energy Partners acquisition.|
|EnerNOC||M2M Communications||Undisclosed, Jan 2011||EnerNOC moves into turning down agriculture systems, like irrigation pumps.|
|EnerNOC||MDEnergy||$7.9M, Sept. 2007||EnerNOC buys energy procurement service provider.|
|EnerNOC||Pinpoint Power||Undisclosed, June 2005||EnerNOC buys demand response player, two years before it goes public.|
|EnerNOC||SmallFoot||Undisclosed, March 2010||The demand response player buys wireless tech for small commercial buildings.|
|EnerNOC||South River Consulting||$4.75M, May 2008||EnerNOC adds on more energy procurement and risk management.|
For more research on smart grid opportunities check out GigaOM Pro (subscription required):
- Smart Algorithms: The Future of the Energy Industry
- New Opportunities in the Smart Grid
- Report: IT Opportunities in Electric Vehicle Management
Image courtesy of flickr user miki.