St. Louis-based ESCO Technologies Inc. has acquired the assets of Metrum Technologies LLC, a smart grid solutions provider based in Waco, Texas. Under the agreement, Metrum will become part of Aclara Technologies LLC, a member of ESCO's Utility Solutions Group, and the transaction also includes Metrum's research and development center located in Dallas.
Metrum provides wireless public network communications products for electric utility customers, as well as hosted software systems and network operation center services in support of its products. The company also offers communications products and devices for distribution automation and demand response applications.
"Metrum's communication technologies are an excellent complement to Aclara's network offering," says Brad Kitterman, president of Aclara. "Adding Metrum's portfolio of products to our existing offerings allows Aclara to provide a more comprehensive solution that will enable our existing customers - as well as new ones - to optimize the economics of their smart grid deployment by balancing bandwidth requirements with cost."
