by Shane Henson — July 6, 2011—Servidyne Inc., an energy efficiency and demand response company, has entered into an agreement to be acquired by Scientific Conservation Inc. (SCI). Subject to Servidyne shareholder approvals, the acquisition is expected to be completed in Servidyne’s second fiscal quarter ending October 31, 2011. Following the sale, Servidyne will no longer be a publicly traded company.
Servidyne is headquartered in Atlanta, Georgia and provides comprehensive energy efficiency and demand response solutions, sustainability programs, and other products and services that significantly enhance the operating and financial performance of existing buildings.
Scientific Conservation is a provider of energy efficiency solutions via predictive diagnostics and analytics for the commercial building market. The company’s suite of energy management solutions uses the industry’s first software-as-a-service (SaaS) platform to help reduce annual energy spending by comparing predicted energy and system efficiencies against real-time operation.
