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Siemens Acquires Pace Global Energy Services, LLC

Acquisition Will Enhance Siemens Portfolio with New Energy Consulting and Management Services

BUFFALO GROVE, Ill., January 4, 2012 – Siemens Industry, Inc. today announced it has completed the acquisition of Pace Global Energy Services, LLC in Fairfax, Va. Financial details were not disclosed.

The acquisition of Pace Global supports Siemens strategic commitment to enhance enterprise value for its global clients by truly optimizing energy and resource efficiency. Pace Global’s deep knowledge of energy markets, its experience with C-Suite decision support and its commercial solutions—including energy and carbon management (ECM) capabilities—are a natural fit with Siemens sustainability and energy management solutions. This creates a valuable, useful and seamless solution set that supports both the executive decision process and operating efficiencies.

For more information visit www.siemens.com   

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