Networked Energy Services Corporation Acquires Leading Provider of Grid Management Products
Austria-based ubitronix products, people, and facilities form NES Europe, including a new R&D facility and support center for NES customers
Networked Energy Services Corporation (NES), a global smart grid market leader, today announced, its acquisition of ubitronix system solutions gmbh, a leading grid management products company serving the European and Middle East regions. The acquisition will accelerate grid management applications for Patagonia, the NES next generation solution platform for the smart grid. The 3 tier platform includes ruggedized Smart Grid Devices, which now includes ubitronix load management solution, Linux-based Control Nodes, and a robust grid analytics and applications portfolio, which will leverage ubitronix UIEM software, designed to integrate and manage smart grid devices and systems from multiple vendors.
The NES Patagonia platform has been designed from the ground up to support end-to-end, state of the art security to help its customers and partners meet the security challenges they face with a comprehensive solution. With ubitronix, NES is able to accelerate its overall grid management applications effort, offering its customers new Load Management applications and expand its Utility Data Center software to support multiple vendor products out of the box.
NES will leverage ubitronix Linz, Austria based facilities and engineers to launch a European R&D facility, focused on high speed wireless and PLC based communications for its Patagonia platform and grid management applications development. Further, NES will offer its European and Middle East customers even more local technical support through the resources and experience the ubitronix acquisition enables.
“We are thrilled about the additional value the ubitronix acquisition enables for our customers and partners”, said Michael Anderson, President & CEO of NES, “ubitronix has been a long term partner of ours with highly differentiated products, experienced people, and a unrivaled track record of exceeding customer expectations. Their people and products will bring a whole new dimension to our business. Further, I am excited to have Johannes Zeindl and Engelbert Detter join the NES executive team and the addition of Dr. Christoph Schaffer to the NES Board of Directors.” Michael went on to add, “ubitronix engineers and customer facing resources are recognized as some of the most valuable assets in the industry and we are happy to be together under one NES roof. Our customers and partners are looking forward to the advanced of our Patagonia platform and expertise ubitronix will enable.”
Dr. Christoph Schaffer, Managing Director of ubitronix and Department Chair of the newly formed Masters of Energy Informatics Program at the University of Applied Sciences Upper Austria in Hagenberg, offered his excitement for the transaction, “ubitronix has always shared the NES vision for the Smart Grid and enabling a new era of grid safety, reliability, and efficiency with the products we develop for the industry.” Dr. Schaffer said, “I am looking forward to the integration of these teams and products so we can further advance the NES Patagonia platform and overall value we can bring to the industry.”
As a result of the acquisition, ubitronix system solutions gmbh will change its name to Network Energy Services Gmbh and will serve as the NES European headquarters.
The modernization of the electrical grid is a global imperative in order to meet rising demands, ensure reliability and safety and ensure long term efficiencies to realize global resource and environmental responsibility. Networked Energy Services Corporation’s vision is help usher in this new era of grid safety, reliability and efficiency with its 3 tier, proven, open, multi-application platform.
About Networked Energy Services Corporation (NES)
Networked Energy Services Corporation (www.networkedenergy.com) is a global smart energy leader in the worldwide transformation of the electricity grid into an energy control network, enabling utilities to connect to their customers, offer new services and help them compete more effectively, through solutions which can help reduce operating costs, provide expanded services and help energy end users to become active participants in energy conservation. The company was formed as a result of the spinoff of Echelon Corporation’s Grid Modernization Division in October 2014. NES has its headquarters in the US, with design and R&D Centers located in Silicon Valley, California, Fargo, North Dakota, and Linz in Austria, as well as sales offices throughout the world. Networked Energy Services' solution, based on Open Smart Grid Protocol (OSGP), is used in more than 4 million smart end points by utilities around the world. NES primary shareholders include S&T AG and Cedrus Enterprises Holdings. You can find out more information about NES and its products, including smart meters, data concentrator nodes, and head-end software, at http://www.networkedenergy.com.
About The Open Smart Grid Protocol
The Open Smart Grid Protocol (OSGP) is a family of specifications published by the European Telecommunications Standards Institute (ETSI) used in conjunction with the ISO/IEC 14908 control networking standard for smart grid applications. OSGP is optimized to provide reliable and efficient delivery of command and control information for smart meters, direct load control modules, solar panels, gateways, and other smart grid devices. With over 4 million OSGP based smart meters and devices deployed worldwide it is one of the most widely used smart meter and smart grid device networking standards.
About The OSGP Alliance
The OSGP Alliance, founded in 2006 as the Energy Services Network Association (ESNA), is an independent global, not-for-profit association that promotes the adoption of the Open Smart Grid Protocol (OSGP) and related services and infrastructure for smart grid applications. Members include utilities, software, hardware and service providers, and solution integrators that share a common goal and vision for promoting open standards for energy demand side management, smart grid and smart metering systems. More information about the OSGP Alliance can be found at www.osgp.org