Cleantech Update

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...

"Silicon Valley Six" companies are ripe for M&A or IPO * Top four are Solyndra, LinkedIn, Silver Spring, Zynga * Companies have $100 million revenue, proven record By David Lawsky SAN FRANCISCO, Aug 19 (Reuters) - Investors, encouraged by a growing number of acquisitions and public floats in the past few months, are keeping a close eye on a coterie of promising startups in Silicon Valley. An informal poll of venture capitalists and others pointed to six privately held companies as the ripest for acquisition or readiness to go public, out of 34 cited in industries ranging from alternative energy to social networking. For now, the Silicon Valley Six say they intend to keep growing rather than agreeing to be acquired or go public during the recession. The top four are business social network LinkedIn, solar panel maker Solyndra, smart grid company Silver Spring, Zynga, a casual games company whose products run on social networks like Facebook. Two others ...