As part of the deal, Landis+Gyr will integrate GRIDiant’s proven analytics suite into its advanced metering infrastructure (AMI), distribution grid management and cloud-based solutions.
GRIDiant CTO Soorya Kuloor said, "This transaction is wonderful news for both our employees and customers — both present and future — as we will now become a key element in the solution offering for a leading smart metering and grid management company."
The agreement will expand Landis+Gyr’s software analytics portfolio and further improve its end to end solution capability.
Landis+Gyr Americas region executive vice president Prasanna Venkatesan said, "The combination of our market leading smart grid platform and the analytics tools developed by GRIDiant will offer utilities additional quantifiable benefits as they work to address the many challenges faced today- such as aging infrastructure, distributed generation and outage management."
Landis+Gyr said its advanced analytic offering will help correlate data collected from the smart grid network with other enterprise data to enhance efficiency and streamline operations.
