Houston, TX — METERING .COM — 27 November 2008 – The recent acquisition of EC Power International, Inc by the Utility Solutions Group (USG) unit of ista North America, Inc. is set to combine USG’s CIS and energy management expertise with EC Power’s electronic transaction management expertise to form a highly integrated service that enables us to continue to provide a high level of customer service.
The goal of the acquisition is to combine two of the industry’s strongest service brands for creating, managing and delivering industry-leading services and scalable technologies across multiple competitive markets. The acquisition will also accelerate the expansion of USG’s energy management service offering within its respective markets and industries.
EC Power and USG have operated under a successful and close relationship for over seven years. While USG developed market communication and transaction management systems focused on the northeastern US markets, EC Power planned on expanding its footprint which would have created overlap in activities, systems and functionalities. The combined focus of both companies solves this and EC Power’s team will become USG’s competency center for all market communication and transaction management activities.