Wind energy forecasting company 3TIER acquired by Vaisala in $14.7 million deal

Vaisala strengthens its position in the renewable energy market through the acquisition of 3TIER Inc., a US-based company with USD 9.0 million net sales in 2012 and 55 employees. The value of the deal is EUR 10.7 million. Vaisala is using its existing cash balance to finance the transaction. This acquisition will not have a material impact on Vaisala