Landis+Gyr to Acquire Utility Analytics Company GRIDiant Corporation

Landis+Gyr signed a definitive agreement to acquire GRIDiant Corporation, a utility analytics company focused on the electric distribution grid. GRIDiant's analytics suite will be integrated into Landis+Gyr's advanced metering infrastructure (AMI), distribution grid management and cloud-based solutions for utility customers. The influx of data from advanced metering, intelligent sensors and other distribution devices can challenge a utility's ability to utilize data for planning and operational performance. Landis+Gyr's advanced analytic offering will help correlate data collected from the smart grid network with other enterprise data to improve efficiency, streamline operations and facilitate a more rapid decision making process.