Wednesday, 5 March 2008

Green IT Companies Snapped Up

IHS Corp, a US company (with offices around the world) which provides technical information, decision-support tools and consulting, has acquired two green IT companies, ESP and Dolphin Software, for $43.5m.

Environmental Software Providers (ESP) is a supplier of enterprise information solutions to help companies manage their corporate-wide sustainability programs. Dolphin Software’s proprietary software and chemical information allows users to record and track chemicals used and stored at their facilities.

Expect to see more of this. As demand for environmental-based advice and solutions grows, so companies that have niche expertise will be snapped up by the large consultancies and IT players looking to benefit from the opportunities. The early buyers will get the bargains, because the price can only go up.

© The Green IT Review

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