Cisco is spending $107 million in cash and retention incentives to buy JouleX, whose cloud-based software is supposed to help companies reduce energy costs.
It monitors, analyzes and manages the energy use of all network-connected devices and systems through a set of policies derived through analytics tailored to the enterprise.
The widgetry, which provides policy governance and compliance as well, works across global IT environments.
The company was started in Munich in 2009 and is now based in Atlanta with R&D in Kassel, Germany. It’s gotten at least $17 million in venture funding from such companies as Intel Capital.