Dranetz-BMI and LEM announced the formation of a strategic partnership to co-brand and co-market select products and services within the power quality and energy instrumentation market.
The partnership will deliver increased value and benefits to both firms’ customers through an expanded product offering, a range of expert analytical and consulting services, and the use of common software platforms, according to the companies.
The strategic partnership will explore opportunities to integrate the software development capabilities resident at Dranetz-BMI and sister company Electrotek Concepts with LEM’s expansive product line and market reach. Initially, the partnership will focus on serving the Americas, where Dranetz-BMI and LEM will introduce a new group of handheld power quality and energy analyzers.
These products will leverage Dran-View, Dranetz-BMI’s visualization, analysis and reporting software. Dran-View software serves as a common platform for most of the Dranetz-BMI instruments.
According to Joseph Rivas, president and CEO of Dranetz-BMI, “We are pleased and proud to have created this partnership between Dranetz-BMI and LEM, which brings together two leaders in the worldwide power quality market.
Both companies have a demonstrated commitment to technical innovation, product performance, and customer service, all of which will be enhanced through this alliance. Together, we expect to increase customer satisfaction as we grow market share.”
“We believe that a partnership like this dramatically increases the range and sophistication of solutions available to our customers,” said Eric Wentz, executive vice president of LEM. “Power quality and reliability continue to be critical success factors that directly impact bottom line performance. The combination of our capabilities significantly increases our efficiency and flexibility to address the power measurement and power quality requirements of our global customer base.”