# Chubb Alba Control Systems to acquire Wipro EcoEnergy for $70m

Chubb Alba Control Systems, an indirect subsidiary of United Technologies, agreed to acquire Wipro EcoEnergy for $70 million. The acquisition is expected to close in early 2017.

- Type: Acquisition
- Announced: 2016-12-01
- Where: India
- Value: $70.0M
- Status: announced
- Products: sustainable energy-efficient operations and management solutions
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [United Technologies Corp.](https://endata.com/companies/937.md) (partner)
- [Wipro](https://endata.com/companies/14635.md) (partner)
- [Chubb Alba Control Systems](https://endata.com/companies/20334.md) (acquirer)
- [Wipro EcoEnergy](https://endata.com/companies/20335.md) (target)

## Sources

- [power-technology.com](https://www.power-technology.com/news/newsmas-this-week-united-technologies-clp-holdings-abu-issa-holding-5685867/), 2016-12-01: "Chubb Alba Control Systems has reached an agreement with Wipro to acquire Wipro EcoEnergy for $70m."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.