Vaisala Acquires 3Tier for $14,700,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e391c96e-3da9-439e-9e99-01f0233895ff
Date
12/18/2013
Company Name
3Tier
Mailing Address
2001 Sixth Avenue Seattle, WA 98121
Company Description
3TIER is an energy efficiency company: we provide the core data and knowledge for clients to make the best decisions regarding their investment in a renewable energy generation technology. 3TIER is unique in that we cover all of the weather driven-renewables of wind, solar, and hydro.
Website
http://www.3tier.com
Transaction Type
M&A
Transaction Amount
$14,700,000
Transaction Round
Proceeds Purposes
M&A Terms
Vaisala is using its existing cash balance to finance the transaction.