Liberty Lake, WA, U.S.A. — (METERING.COM) — December 14, 2010 – Itron Inc. has announced that it is to acquire Asais, an energy information management software and consulting services provider headquartered in France.
The transaction is expected to be completed in the first quarter of 2011.
Over the past 25 years Asais has developed and implemented advanced energy information management solutions, including data collection, data analysis and smart grid solutions, through state-of-the-art software and online services.
Itron has been partnering with Asais globally for the past four years. Joint projects include smart metering and smart grid initiatives with major utilities across Europe, Africa and the Middle East. The acquisition enables Itron to offer integrated, end-to-end solutions with a strong expertise in energy information management and efficiency.
Asais’ data collection software will complement Itron’s meter data management and analytics systems, creating a platform for successful smart metering deployments in Europe and across the globe. In return, Itron will provide Asais opportunities for accelerated growth into international markets. Asais’ consultancy expertise will afford Itron’s utility customers expanded options to optimize the management of their resources.
“We are delighted to welcome Asais to our team and are very excited about this acquisition, said Marcel Regnier, senior vice president and chief operating officer of Itron International. “Asais and Itron will deliver invaluable experience and expertise in energy information management and data collection software.”
“This acquisition is the result of many years of working closely with Itron,” added Thierry Poyatos, Asais managing director. “Asais will continue to develop multi-vendor solutions in response to increasing demand for technologies that ensure interoperability. We are also committed to maintaining customer service for our existing clients.”