Yardi Buys Enerliance

Santa Barbara-based real estate software developer Yardi said Tuesday that it has acquired Enerliance, a developer of energy efficiency software. Financial terms of the acquisition were not disclosed. Irvine-based Enerliance develops software used for optimizing large scale air conditioning systems, connected to meet demand response requirements. Yardi said that Enerliance and its team will remain in Irvine. Yardi said that the Enerliance Load Based Optimization System (LOBOS) significantly reduces energy consumption in large buildings and campuses.