Deal watch: Landis+Gyr buys PowerSense to boost smart grid services

Energy management global company Landis+Gyr has bought Danish smart sensor and monitor manufacturer PowerSense in a deal to integrate it into its portfolio.  

PowerSense, which develops and produces supervision and control systems that are designed to retrofit and digitalize existing power distribution infrastructures, offers utilities a solution to balance and better manage grids in their medium and low voltage distribution network.

This 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.

Further benefits include the provision of key smart grid applications sensing and secondary transformer monitoring.

Sensors are seen as a fast developing area of the smart grid market, sensors, which is forecast to grow significantly over the next decade across Europe, and the market shows similar potential in North America and the Asia Pacific region.

Andreas Umbach, CEO at Landis+Gyr said: “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.

He added: “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.”

Since its inception in 2006, PowerSense has sold and delivered products and services to 35 utilities throughout the world, and offers solutions for a number of smart grid applications, including distribution grid management, fault management, the integration of renewable energies and power balancing technologies.

Landis+Gyr plans to integrate PowerSense into its European operations.

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