Siemens 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. → Read More
Adults in the U.S. could use a little more education on economics and physics, it seems. We’re not drawing the connection between power consumed by our electronics and the cost of our electric bills.
A new survey from the Consumer Electronics Association found thirty six percent of adults in the U.S. are “not concerned” with the amount of power consumed by their gadgets, gear and appliances. → Read More
Smart Grid management software producer eMeter announced a $12.5 million Series F round of funding today. The investment comes from Sequoia Capital and Foundation Capital, who have both invested in the company previously, along with Northgate Capital.
The company was founded in 1999 and has raised nearly $70 million in funding. eMeter works with more than a dozen electric, gas and water utility… → Read More
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