Davidson, North Carolina, USA, 14 March 2018: – Ingersoll Rand, a diversified industrial manufacturing company, has acquired the technology assets and intellectual property of Raleigh, North Carolina, USA-based Agilis Energy, LLC, an energy data analytics company, the former announced in a Press communiqué.

Donny Simmons, President Commercial HVAC Business, Ingersoll Rand, said, “We are pleased to integrate Agilis Energy capabilities further into our energy services to help building owners understand energy usage patterns. Demand is high for digital solutions that help building owners measurably increase energy efficiency and address climate change.”

According to Ingersoll Rand, Agilis Energy uses patented, smart-meter energy analytics applications and a unique system approach to help large commercial, multi-family residential and industrial sector companies achieve 10-25% annual energy savings.

Joseph Hirl, CEO, Co-Founder and CTO, Agilis Energy, joins Ingersoll Rand as the new Vice President of energy services and controls for the company’s commercial heating, ventilating and air-conditioning business in North America, the communiqué further said.

According to Ingersoll Rand, Agilis Energy is used in more than 3,300 buildings worldwide across more than 50 sectors. The financial terms of this acquisition were not disclosed.