ABB Acquires U.S. Software and Service Provider

Energy Interactive Inc., with 23 employees and headquartered in Oakland, California, delivers eBusiness and software products and services for utilities, power marketers, energy service providers and major energy consumers. The company’s products include energy billing systems, Web-based residential energy auditing, and software to analyze energy loads, consumption patterns and pricing. The new business will be called ABB Energy Interactive.

Despite price and performance barriers, the US utility meter market is projected to grow at about 3%/year, new research shows.

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