Critical and Sauter start a joint venture with an investment of €2 million
verticalla venture on the world market of energy efficiency of buildings with innovative solutions
25 Oct 2012
Critical Software, a Portuguese company that develops reliable and innovative technologies to support critical information systems, and Sauter Controls, Swiss company, leader in automation technology solutions for 'green buildings', announce today the development of verticalla.
This is a new project, resulting from the joint venture between those two companies, which focus on developing products and services resulting from two years of joint innovation and development in order to achieve extreme levels of energy efficiency in smart buildings.
verticalla, that expects to invest a total of €2 million in the start-up phase of the project running until the end of 2012, will create more than 20 jobs in the next six months in the district of Coimbra, which will also host its research and development center. The company will invest more than €6 million until 2017 and expects to achieve a turnover of €10 million over the next six years.
For Rui Avelãs, Managing Director from verticalla: "it is with great eagerness that we announce the opening of verticalla. The development of this project goes through a strong financial investment in highly skilled human resources in research and development in order to sustain all the work of innovation that has been developed in the past and give it a new dimension to the world. Our ambition is to position ourselves as a leader in innovative solutions for the monitoring and control of buildings, ensuring levels of energy consumption more rational and sustainable environments with superior quality, starting from Portugal."
verticalla solutions and services, which will be traded around the world, is intended to integrator companies for buildings, builders, operators and ESCO (Energy Service Company) with the responsibility to assemble integrated management systems, for whom energy, creation and maintenance of sustainable environments play an increasingly and relevant role.
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