Mitsubishi Electric Closes on Deal to Acquire Smarter Grid Solutions

Acquisitions

▤ Summary

SGS is a leading developer of software management solutions for the distributed energy resources (DER) market. Globally, the power electric market has been trending toward decentralized generation sources, including DER and SGS’ enterprise software solutions are used to manage power grids and market participation in energy systems with high penetrations of distributed, clean and flexible energy assets. Smarter Grid Solutions (SGS) is a U.K.-based energy management enterprise software company that operates internationally with offices in Glasgow, Scotland, and New York City. Headquartered in Warrendale, Pennsylvania, Mitsubishi Electric Power Products, Inc. (MEPPI) is a U.S. affiliate of Mitsubishi Electric Corporation serving the North American power systems, data center, rail transportation, and large visual display markets. With 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment.

▥ Classifications

industries
Energy & Natural Resources
applications
Data Management

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Labels
Energy Management Software Distributed Energy Resource Management Systems (DERMS) SaaS

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