Toshiba Corp. has acquired privately held Consert Inc., an intelligent energy management company. The purchase makes Consert a Toshiba subsidiary, and operations in North America will be integrated with Landis+Gyr, a provider of energy management products and a Toshiba Group company.
Consert, through its Virtual Peak Plant (VPP), offers a fully integrated, intelligent load management solution for utilities. VPP is designed to provide improved forecasting and capacity management, real-time outage management information and remote service connections.
"Consert adds significantly to our smart community portfolio and advances our ability to propose industry-leading solutions in power supply and demand," says Takeshi Yokota, Toshiba Corp. executive officer and corporate vice president. “We are now better positioned to support major utilities in generating and delivering stable power supply and to ensure end-user environments that optimize energy use and maximize energy savings."
