Landis+Gyr acquires smartgrid control sys vendor PowerSense
Landis+Gyr has acquired smartgrid control systems expert PowerSense. PowerSense offers supervision and control systems for use in power distribution industry, where they are designed to retrofit and digitize existing power distribution infrastructures allowing grid operators to address needs of the future digitized/smart power grids. The control sys solution is realized by retrofitting sensors onto the existing medium and low voltage power cables, transformers and switch gear, but also by integration of already installed electronically devices located at the substation level.
Andreas Umbach, CEO at Landis+Gyr says, “PowerSense solutions have been tested and successfully proven in a major rollout in Australia at Ausgrid and in a number of pilot projects internationally. Their patented optical sensor technologies, as well as smart grid monitoring and controller products, perfectly complement Landis+Gyr’s portfolio. This acquisition sees the start of a powerful and attractive next generation of products, giving our customers a unique advantage to manage energy better in the fast developing world of smart grid applications.”
Jesper Klingsten Nielsen, CEO of PowerSense, says, “The PowerSense solution has been developed directly with our customers and so exactly meets market expectations. Landis+Gyr’s acquisition of PowerSense will dramatically strengthen developments in the smart grid field globally. This powerful combination will have positive impact on the smart grid space, delivering solutions which enable utility use cases, including better outage management, improved power quality and optimization of asset life.”