Siemens adds US meter data specialist to its Smart Grid offering

Siemens has acquired eMeter, a Californian-based meter data management specialist, for an undisclosed purchase price.

With its EnergyIP platform, eMeter is a leading provider of meter data management software used in the recording and processing of energy consumption data in electricity, gas and water meters, and according to Siemens represents an important expansion in its Smart Grid portfolio.

Siemens and eMeter have been working as strategic partners since 2008, where In EnergyIP platform has formed the core component of Siemens’ complete smart metering solutions.

The EnergyIP software can efficiently readout, manage and provide the increasing quantities of data from smart meters in the power supply network.

In October, Siemens pooled its business of intelligent power supply networks into the Smart Grid Division of the newly-formed Infrastructure & Cities Sector.

The Smart Grid Division supplies power providers and network operators, industrial enterprises, infrastructure elements and cities with products and solutions for intelligent and flexible network infrastructures.

For more Mergers & Acquisitions news.

For more Smart Grid news.

No posts to display