Titan Energy Worldwide, Inc. (TEWI.OB) Completes Stanza Systems Acquisition
Titan Energy Worldwide, a leader in distributed power generation products and intelligent energy management services, today announced the closing of its acquisition of Stanza Systems. Stanza is a leading network communications and Smart Grid development company based in Houston, Texas. Among other things, Stanza develops advanced network technologies for various Fortune 500 companies, and is known for key innovations in the operation of large scale wireless networks. The acquisition gives Titan a platform for the development and management of its remote monitoring and automated control systems for onsite power generation. Titan Chairman and CEO, Jeffrey Flannery, said of the closing,…