Cooper Industries announces the acquisition of Cybectec


Kirk S. Hachigian.

Houston, TX, U.S.A. — (METERING.COM) — January 31, 2007 – The Cooper Power Systems division of Cooper Industries has announced the acquisition of Cybectec, Inc., expanding its ability to provide customers with enterprise-wide solutions allowing secure access to both operational and non-operational electrical system data. Cooper Power Systems manufactures components and provides engineering services for the electric sector; Cybectec is a privately held worldwide provider of products and software systems designed to assist utilities to modernize their automation systems.

Cybectec provides solutions that meet utilities’ real-time and reliability requirements in a number of areas, including electrical power substation automation, integration, communication and instrumentation. Its substation and enterprise solutions help utilities integrate substation controls into a cohesive automation system, providing complete, enterprise-wide access to substation data in a secure environment. Cybectec’s flagship product, the Substation Modernization Platform™ Gateway (SMP) is a best-in-class communications device that concentrates and processes data in utility substations.

“The need to expand and update the automation capabilities of utility systems is widely recognized,” said Cooper Industries Chairman and Chief Executive Officer Kirk S. Hachigian. “Cybectec expands Cooper Power Systems’ capabilities in this area with new products, software solutions, and expertise that will simplify the automation process for our customers. Not only are Cybectec’s offerings ideal for new installations, they are particularly well-suited for modernizing and integrating legacy equipment.”

The acquisition of Cybectec and the recently announced acquisition of Cannon Technologies, Inc. are part of a series of technology investments Cooper has made to broaden its range of energy automation capabilities. Cannon’s automation technologies for monitoring, metering and energy management are used by over 400 utilities.