US logistics, distribution, and supply chain solutions company Wesco International has acquired data center solutions provider entroCIM.

The purchase price was $30 million with the opportunity for additional earnout based on performance.

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– https://www.wesco.com/

Further details of the transaction were not disclosed.

“We are pleased to welcome the entroCIM team to Wesco. This acquisition is indicative of the expanded services, data-informed intelligence, and expertise that Wesco intends to provide to our global customers and supplier partners to drive increased value through the supply chain,” said John Engel, chairman, president, and CEO at Wesco.

entroCIM said it monitors more than 270 million sq ft (25m sqm) of data center space in commercial buildings, airports, and universities. The company’s lead product, its Central Intelligence Manager (CIM), is an HTML5-based application used to monitor Internet of Things (IoT) devices and hardware. It can be deployed on-premise, in public or private cloud spaces, or in Edge facilities.

Headquartered in Pittsburgh, Pennsylvania, Wesco provides logistics services and supply chain solutions to commercial and industrial customers, contractors, government agencies, educational institutions, telecommunications providers, and utilities. The Fortune 500 company first launched its data center business in March last year.

The company said it operates in more than 50 countries.