Cisco this week announced its intent to acquire privately held JouleX, a developer of enterprise IT energy management tools, for $107 million in cash.
JouleX, based in Atlanta, provides software for networked devices for enterprise and data center energy management, analytics, policy governance and compliance. Cisco says it will complement its own EnergyWise energy management products and provide customers with a way to manage energy usage without the use of device-side agents, hardware meters or network configurations.
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JouleX's software is cloud-enabled and agent-less, Cisco says. The company also augments Cisco software and services initiatives.
The acquisition is expected to be completed in the fourth quarter of Cisco's fiscal year 2013. JouleX employees will be added to Cisco's Connected Energy Solutions group within the company's Industry Solutions Group, reporting to David Goddard, vice president and general manager.
Jim Duffy has been covering technology for over 25 years, 21 at Network World. He also writes The Cisco Connection blog and can be reached on Twitter @Jim_Duffy.
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