Tokyo, Japan and Redwood City, CA, U.S.A. — (METERING.COM) — February 28, 2012 – Hitachi and Silver Spring Networks have formed a strategic alliance under which the two companies propose to offer integrated solutions to power utilities and power users in the global smart grid sector.
The alliance is aimed to strengthen the two companies’ solutions and expand their businesses around the world. They will jointly undertake R&D for new products and solutions for the smart grid.
Hitachi and Silver Spring have been working together on the Japan-U.S. collaborative smart grid demonstration project on the Hawaiian island of Maui since the spring of 2011. This alliance will strengthen and expand that relationship.
“Hitachi is delighted to form a strategic alliance with Silver Spring Networks,,” said Yutaka Saito, vice president and executive officer of Hitachi. “We are convinced that we can create new offerings for utilities globally with Silver Spring Network’s brand and product line-up.”
“Silver Spring is excited to be working with Hitachi on expanding the choice for utilities around the globe,” added Silver Spring chairman, president and CEO Scott Lang. “Our joint collaboration will bolster our offerings not only in Japan, but will expand both companies’ smart grid global footprint.”