MELBOURNE – November 5, 2013 – ECS Group today announced the closing of the acquisition of Spinwave Systems Inc Intellectual Property and Assets. “This acquisition is key to both our growth and diversification strategies,” said Bill Oldjohn, ECS group chairman and CEO. It is in support of ECS group’s transition toward the international expansion of the company’s building automation system device product offerings to broader services and solutions, providing meaningful and economic value for our end users and system integrators.
The new corporation, namely Spinwave Wireless Systems Inc is head quartered in Westford, Massachusetts USA.
Spinwave Wireless Systems Inc designs, manufactures and markets wireless networks and a full complement of wireless sensors and products geared to improving the operating efficiency of buildings and data centres. Spinwave’s products enable building owners to manage facilities more efficiently by allowing them to reduce energy consumption, improve occupant comfort and optimize productivity by providing data, cost effectively and in real time. Spinwave Systems wireless networks are a logical and compelling alternative to conventional hard-wired systems because they are easy to deploy, flexible, scalable, less expensive to install, and enable energy retrofits not feasible using traditional methods .