Power Measurement Ltd. (Victoria, BC, Canada) announced that it has acquired ABB’s Retail Energy business, formerly Energy Interactive Inc. (Oakland, CA). Under this arrangement, ABB’s staff, services and products will be integrated into Power Measurement’s worldwide organization. ABB’s Retail Energy products, including the Energy Profiler®, Energy Profiler Online™, Energy BOSS® and E-VEE™ applications, will be offered alongside Power Measurement’s own portfolio of ION® enterprise energy management products and services under the Power Measurement name.
Power Measurement President and CEO Bradford Forth stated, "Power Measurement designs and manufactures advanced energy-management systems for electricity suppliers and consumers. The Retail Energy software links the two by helping to improve communications between the utility and the customer - this is a huge benefit for both parties. These products and services fit very well with Power Measurement’s own utility-focused energy management offerings."
