Cooper Industries plc (NYSE: CBE), Dublin, Ireland, announced the acquisition of substantially all of the assets of Germantown, MD-based Eka Systems, Inc., a provider of secure, reliable and adaptive RF wireless networking technologies for smart grid communication applications. Terms of the transaction were not disclosed.
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Eka Systems provides utilities with an open-standards based wireless Advanced Metering Infrastructure solution that has capabilities such as automated meter reading, power outage detection, enhanced customer billing options and the ability to track and analyze usage data on a near real-time basis.
\”This is the fourth acquisition we have made into our Energy Automation Solutions business and demonstrates Cooper’s ongoing commitment to being a market leader in utility automation,\” Cooper Industries CEO Kirk S. Hachigian said.
Eka Systems will be integrated into the EAS group, the smart grid platform within Cooper’s Power Systems division.
