Monday, December 5, 2011

Siemens Buys eMeter To Bolster Its Smart Grid Division

emeterSiemens this morning announced that it will acquire all of the stock of eMeter in an effort to enhance its smart grid offering. The deal, terms of which were not disclosed, is expected to be completed by the end of the year. eMeter will be part of the Smart Grid Division of the Siemens Infrastructure & Cities Sector, which is housed within Siemens.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/ajRRKkIOur4/

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