Aclara Acquires Smart Grid Business from Tollgrade

Aclara Technologies LLC (Aclara) has acquired the Smart Grid business of Tollgrade Communications, Inc., a global market share leader in the smart grid sensor market. The transaction includes the award-winning LightHousedistribution monitoring platform comprising Sensors and Sensor Management System (SMS) software with Predictive GridAnalytics, as well as a broad intellectual property portfolio. Financial terms are not being disclosed.

The acquisition represents another key growth initiative for Aclara following the December 2015 purchase of GEs electricity meters business operating within GE Energy Managements Grid Solutions subdivision. The addition of the LightHouse platform expands Aclaras capabilities in distribution grid monitoring and the transaction strengthens Tollgrades focus on its traditional Broadband business. Deployed at some of the worlds leading utilities, the Smart Grid LightHouse platform provides fault detection and location, power quality monitoring and classification of grid events. With the LightHouse platform, utilities can monitor the health of the distribution grid, make informed decisions and reliably deliver power to their customers. Furthermore, the platform enables grid operators to reach their modernization goals and incorporate renewable energy sources.

“This acquisition represents an important step forward for Aclara as a leader in smart infrastructure, and the addition of LightHouses game-changing platform allows Aclara to provide utilities with an economical alternative to other systems,” said Allan Connolly, president and CEO, Aclara. “It also expands the market potential for the Smart Grid products in the electric utility industry by combining Tollgrades strong, established relationships in the investor owned utility (IOU) market with Aclaras leadership in the cooperative and municipal electric markets.”

“The LightHouse vision is to provide electric power companies a multi-application distribution monitoring platform, enabling them to run their network in a proactive and ultimately predictive way,” said Erik Christian, VP of Smart Grid. “Today marks the beginning of an exciting new chapter for our Smart Grid business and LightHouse solution. Aclara is an industry leader, and joining Allan and the fantastic organization hes built will strengthen our technology platform and ability to service our customers, and will enhance our capabilities to reach new markets.”

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