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Sensus Acquires Telemetric Corporation, Extends Reach to Distribution Automation
July 3, 2009Source: Clean Edge News
Highway 12 Ventures, Inc., an early-stage regional venture capital
firm, recently announced that Sensus has acquired the assets and
business of Telemetric Corporation, one of its portfolio companies.
Coupled with Sensus' activities in demand response and home
automation, Sensus says the acquisition provides a significant and
established presence in the distribution automation portion of the
utility landscape. Through the integration of Sensus' FlexNet smart
grid communication technology, the company claims that Telemetric
extends Sensus' reach and solutions to all parts of the smart grid.
Telemetric offers communication solutions specific to electric
distribution system monitoring and control, including applications
like capacitor control, voltage regulation, medium and low voltage
sensors, reclosers, remote substations and other distribution
assets. Telemetric enabled equipment can be monitored and controlled
through distribution SCADA or DMS systems using PowerVista's
optional SCADA-Xchange module.
Telemetric will become part of Sensus' Conservation Solutions
business unit, which provides AMI and smart grid solutions to
electric, water and gas utilities.