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Technology Stocks : Eaton (ETN) is definitely not overvalued!
ETN 387.93+3.1%Oct 29 3:59 PM EDT

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From: JakeStraw7/15/2010 8:59:30 AM
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Eaton Acquires EMC Engineers, Inc., Enhancing Energy Services Offerings
finance.yahoo.com

Thursday July 15, 2010

CLEVELAND--(BUSINESS WIRE)--Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced it has acquired EMC Engineers, Inc. Terms of the deal were not disclosed.

Headquartered in Denver, Colorado, EMC Engineers, Inc. is an energy engineering and energy services company that delivers energy efficiency solutions for a wide range of governmental, educational, commercial and industrial facilities. The firm is a leader in retrofitting and modernizing mechanical, electrical, and control systems, as well as energy modeling and analysis, facility commissioning, and energy savings performance contracting. EMC Engineers, Inc. had 2009 sales of $24 million and employs approximately 155 people.
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