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Acorn Energy Inc

 
Hoover's Profile: Acorn Energy, Inc.
(NASDAQ (GM):ACFN)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Acorn Energy, Inc.
4 W. Rockland Rd.
Montchanin, DE 19710
DE Tel. 302-656-1707
Fax 302-994-3086

Type: Public
On the web: http://www.acornfactor.com
Employees: 156
Employee growth: 81.4%

Acorn Energy is nuts about its investments. The company, formerly known as Data Systems & Software, is a holding company that maintains controlling or equity positions in a variety of companies, including Comverge, Paketeria, and dsIT Solutions. Comverge is a demand response company that enables utilities, industry, and consumers to better manage peak electricity usage. Paketeria combines five service businesses, including Ebay dropshops, shipping services, photo processing, and photocopying and printer cartridge refilling. dsIT Solutions is a provider of software consulting and development services operating in the areas of port security, oncology treatment, and health-care billing.

Key numbers for fiscal year ending December, 2008:
Sales: $20.7M
One year growth: 265.7%
Net income: ($7.9)M

Officers:
Chairman Emeritus; Chairman, DSIT Technologies: George Morgenstern
Chairman, President, and CEO: John A. Moore
CFO, Acorn Energy and DSIT: Michael Barth

Competitors:
Honeywell International
Itron
Siemens AG

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