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The transaction includes the LightHouse distribution monitoring platform comprising Sensors and Sensor Management System (SMS) software with Predictive Grid Analytics, 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 GE’s electric meters business operating within GE Energy Management’s Grid Solutions subdivision.
The addition of the LightHouse platform expands Aclara’s capabilities in distribution grid monitoring and the transaction strengthens Tollgrade’s focus on its traditional Broadband business.
Deployed at some of the world’s leading utilities, the smart grid LightHouse platform provides fault detection and location, power quality monitoring and classification of grid events. Furthermore, the platform enables grid operators to reach their modernization goals and incorporate renewable energy sources.