Sensus Acquires Telemetric Corp.

July 7, 2009
Sensus has acquired the assets and business of Telemetric Corporation.

Sensus has acquired the assets and business of Telemetric Corp. With more than 10 years of experience in distribution automation technology, Telemetric has provides utilities with end-to-end solutions for distribution automation systems using commercial cellular networks and PowerVista, a Web-based software application.

Coupled with Sensus' activities in demand response and home automation, this acquisition gives Sensus a presence in the distribution automation portion of the utility landscape. Through the integration of Sensus' FlexNet smart grid communication technology, Telemetric extends Sensus' reach and solutions to all parts of the smart grid.

"I am very pleased to complete the acquisition of Telemetric, which was a significant strategic objective for Sensus. This acquisition brings with it a team of talented and dedicated employees, a broad proven product and software offering and many strong customer and business relationships. I am very excited about this opportunity," said Peter Mainz, chief executive officer and president of Sensus. "Integration of Telemetric's assets and engineering capability into Sensus brings a key solution set that electric utilities want from their Smart Grid applications, distribution automation and asset management solutions," added Mainz.

Telemetric offers a complete line of intelligent communication solutions specific to electric distribution system monitoring and control, including applications like capacitor control, voltage regulation, medium and low voltage sensors, reclosers, remote substations and other distribution assets. Telemetric enabled equipment can be monitored and controlled through distribution SCADA or DMS systems using PowerVista's optional SCADA-Xchange module.

Telemetric will become part of Sensus' Conservation Solutions business unit, which provides AMI and smart grid solutions to electric, water and gas utilities.

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