Silver Spring Aquires Smart Grid Management Software Maker
Silver Springs acquires Greenbox Technology This brings Silverspring up to Par with emeter in terms of product offering - they both will now offer all three components to the Smart Grid: IP meters Managmenet Software Network services -Editor Redwood City, Calif., September 22, 2009 — Silver Spring Networks, a smart grid solutions provider, entered into an agreement to acquire Greenbox Technology, a provider of web-based energy management software. The Greenbox interactive energy management web portal, built by the creators of FlashTM, delivers on a key benefit of the smart grid — enabling consumers to track, understand and manage their energy usage more efficiently. "We're thrilled to have the distinguished Greenbox Technology team join us," said Judy Lin, Chief Product Officer of Silver Spring Networks. "We are working with utilities to build the platform for a smarter grid. This acquisition allows Silver Spring to provide another critical application...