Blog Post

Shopping List: Smart Grid Acquisitions to Date

There have been so many acquisitions in the smart grid sector as of late; we’ve been updating the tally every couple of months. Since December, there have been a couple more, including Tririga and UISOL, so we’re updating our list once again. Let me know if there are any I missed.

Acquirer Acquired Price, Date Trend
ABB Ventyx “Close to $1 billion,” March 2010 The Swiss electrical gear company adds on smart grid software.
ABB Insert Key Solutions Undisclosed, Dec 2010 The Swiss electrical gear company bought up a share of the German solar concentrating company.
ABB 35% of Novatec Solar Undisclosed, March 2011 The Swiss electrical gear company bought a stake in concentrating solar gear.
ABB Obvient Undisclosed, Jan 2011 The Swiss electrical gear company adds on more smart grid software.
Alstom UISOL Undisclosed, March 2011 The French power giant acquired UISOL, which is a key player in the open source demand response standard OpenADR.
Alstom & Schneider Electric Transmission and distribution biz of Areva $3.25 billion, July 2010 The two power giants team up to buy Areva’s T&D division.
AT&T Xanboo Not disclosed, Dec 2010 U.S. telecom giant will buy decade-old home automation and energy management Xanboo.
Black & Veatch Enspiria Undisclosed, March 2010 The consulting and engineering company beefs up its integration capabilities.
Cisco Richards-Zeta Building Intelligence Undisclosed, January 2009 Cisco buys up building and IT networking system.
Cisco (equity investment) Grid Net Undisclosed, Sept. 2009 Cisco invests in smart meter maker Grid Net, which has a first product built on WiMAX.
Cisco Arch Rock Undisclosed, Sept. 2010 Cisco finally showed its smart grid wireless card by buying up Arch Rock.
Constellation Energy CPower Undisclosed, Sept. 2010 Power company Constellation Energy plans to fold CPower into its demand response portfolio.
Cooper Industries Eka Systems Undisclosed, April 2010 Cooper fold’s Eka’s wireless network product into its automation system.
EnerNOC Cogent Energy Undisclosed, Dec. 2009 Demand response player moves into energy efficiency business.
EnerNOC SmallFoot Undisclosed, March 2010 The demand response player buys wireless tech for small commercial buildings.
EnerNOC eQuilibrium Solutions Undisclosed, June 2009 EnerNOC adds on energy and carbon accounting software.
EnerNOC MDEnergy $7.9M, Sept. 2007 EnerNOC buys energy procurement service provider.
EnerNOC South River Consulting $4.75M, May 2008 EnerNOC adds on more energy procurement and risk management.
EnerNOC Global Energy Partners $26.5M, Dec 2010 EnerNOC keeps expanding beyond demand response with Global Energy Partners acquisition.
EnerNOC M2M Communications Undisclosed, Jan 2011 EnerNOC keeps expanding beyond demand response and buys up a company that turns down agriculture systems.
GE Remote Energy Monitoring Undisclosed, Jan 2011 GE bought up smart meter tech startup Remote Energy Monitoring.
GE Opal Software Undisclosed, Oct 2010 GE buys Opal Software, which makes software and services for smart grid network testing and management.
GE Lineage Power $520M, Jan 2011 GE acquired Lineage Power, a provider of gear for data center and telecom power conversion.
GridPoint V2Green Undisclosed, Sept 2008 The smart grid company adds on electric vehicle smart charging.
GridPoint Lixar SRS Undisclosed, June 2009 GridPoint moves into home energy management.
GridPoint ADMMicro Undisclosed, Nov 2009 The smart grid firm tackles energy from the commercial and industrial sectors.
Honeywell Akuacom Undisclosed, May 2010 Building automation giant buys into open source demand response, OpenADR
Honeywell E-Mon Undisclosed, July 2010 Building automation giant buys into submetering gear and software
Itron Asais Undisclosed, Dec 2010 Smart meter maker buys data analytics and services.
IBM Tririga Undisclosed, March 2011 IT giant IBM buys Tririga for its smart building software.
Johnson Controls EnergyConnect $32.3 million, March 2011 Johnson Controls bought software-assisted demand response company EnergyConnect.
Motorola 4Home Undisclosed, Dec 2010 The cell phone maker and communications company buys home automation/energy management startup.
Schneider Electric Summit Energy $268M, March 2011 Schneider bought the energy procurement and energy management provider.
Serious Materials Valence Energy Undisclosed Serious Materials bought energy software company Valence Energy for its building energy management product.
Siemens Energy4U 60 percent stake, Aug. 2009 The electrical gear company adds on software for intelligent metering and billing.
Siemens Solel $418M, Oct. 2009 Siemens made an early move into the solar thermal market.
Silver Spring Networks Greenbox Undisclosed, Sept. 2009 Smart grid network player jumps into home energy management.
SmartSynch Applied Mesh Technologies Undisclosed, Nov. 2008 The smart grid network maker buys a competitor to grow.
Trilliant SkyPilot Undisclosed, May 2009 Smart grid network maker acquires wireless mesh network maker.
Tendril Grounded Power Undisclosed, Oct 2010 Tendril bought Grounded Power for behavioral analytics.

Image courtesy of Rennett Stowe.

7 Responses to “Shopping List: Smart Grid Acquisitions to Date”

  1. Mike Schmitt

    Good list but missed a few:

    EnerNOC bought M2M Communications, demand response provider with a lot of activity in irrigation pumps in CA

    Johnson Controls acquired EnergyConnect Group, a demand response provider similar to EnerNOC but much smaller

    ABB purchased Obvient Strategies to enhance the Ventyx software suite for organizations with geographically dispersed assets

    GE bought Lineage Power Holdings for data center efficiency and Remote Energy Monitoring which makes AMI hardware and software for the UK market

  2. You might add Schneider Electric and Alstom’s joint acquisition of Areva’s Transmission & Distribution business? It’s not as heavy on the “Smart” as it is on the “grid,” but at ~$6 Billion, it’s certainly hard to ignore. Both Alstom and Schneider Electric seem to banking on the grid in general for future growth.