Wednesday, August 19, 2015

Yardi Buys MCEnergy

Santa Barbara-based real estate mannagement software developer Yardi announced this morning that it has acquired MCEnergy, a developer of energy management software. Financial terms of the buy were not announced. Yardi said the acquisition will help it expand into the energy area. MCEnergy develops energy information and procurement software, helping property managers track energy, environmental, and sustainability data. MCEnergy was based in Valhalla, NY.