Smart Systems International - Ownership and Business Overview

Technology HardwareCompany

Smart Systems International Ownership

Who owns Smart Systems International?

Smart Systems International is owned by Telkonet. It was acquired on March 15, 2007.

Was Smart Systems International formerly PE-backed?

Yes. Smart Systems International was formerly owned by 2 private investors.

Smart Systems International Business Overview

Where is Smart Systems International headquartered?

Smart Systems International is headquartered in Las Vegas, Nevada.

What sector is Smart Systems International in?

Smart Systems International is a technology hardware company.

When was Smart Systems International founded?

Smart Systems International was founded in 1992.

Technology Hardware M&A Summary in 2007

Out of 60 sectors in the Mergr database, technology hardware ranked 21 in number of deals in 2007. The largest technology hardware acquisition in 2007 was Symbol Technologies - which was acquired by Motorola for $3.9B.

Join Mergr to view all 107 acquisitions of technology hardware companies in 2007, including 15 acquisitions by private equity firms, and 92 by strategics.

Smart Systems International, Inc.

3271 South Highland Drive, Suite 715,
Las Vegas, Nevada 89109
United States,
(702) 734-0044
www.telkonet.com

Smart Systems International, Inc. is a designer and marketer of intelligent energy management systems principally for heating and air conditioning control in commercial and residential buildings, including guest rooms in hotels, public housing projects, condominiums, schools, and office buildings. The SSI system uses a motion detector to determine when a room is vacant, then employs a sophisticated algorithm along with other thermodynamic sensing devices to determine how far the room's temperature can be allowed to vary from the thermostat setting while still permitting restoration to the desired temperature within a prescribed number of minutes from the time the room is reoccupied.


Company Summary

SECTOR

Technology Hardware

Established

1992

Subsidiary of

Telkonet, Inc.

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