Another Atlanta Tech Start-Up Sells

verdeeco

Verdeeco, the Atlanta-based start-up that focused on “smart grid” technologies and improving the generation and delivery of power, has been purchased by Sensus for almost $5 million. Verdeeco is just one of several Atlanta tech start-ups that has recently been or is on the verge of being gobbled up by a larger entity; IBM Corp. is in talks to buy SilverPop for about $270 million and Yahoo! Inc. has already made an offer between $300 million and $400 million for News Distribution Network, Inc. Sensus is expected to invest in and expand Verdeeco’s Midtown operations.

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