Indian smart grid company Kalki Communication Technologies (Kalkitech) has bought US smart grid protocol tech company Applied Systems Engineering (ASE) in a bid to increase its presence in the American smart grid market.
The Bangalore-based company made the acquisition of ASE to exploit its range of protocol test equipment for the supervisory control and data acquisition (SCADA) industry, communication protocol translators and front-end processors, according to Business Standard News.
Commenting on the acquisition, made for an undisclosed amount, CEO of Kalkitech Prasanth Gopalakrishnan said it fitted with the company's strategy to grow its market presence in the US and globally.
Demand for distribution automation
Mr Gopalakrishnan also said Kalkitech was looking to enhance its offering within substation communications and distribution automation.
He said: "The ASE team is world class and has developed a market-leading substation protocol test set and more than 100 substation and industrial protocols over 30 years.
"The team shares our passion for delivering high-quality communication protocol solutions for the smart grid."
Protocol test set
Founded in 1981 in California, ASE provided software consulting services for the SCADA Industry until 1989 and started developing the first protocol Test Set COMM/32 in 1989.
It has developed communication products including ASE2000, Bell 202 modems, 'SPT' protocol translators, and 'SAM' substation alarm annunciators.
The global market for substation communications and distribution automation is expected to grow by 5% a year, reaching a value of US$123 billion in 2018, according to data from Markets and Markets.