The move brings the company’s ownership stake in Ecologic Analytics to 100%.
Ecologic Analytics is a provider of meter data management software, which transforms advanced metering infrastructure data into timely and actionable information for electric, natural gas and water utilities.
Landis+Gyr president and CEO Andreas Umbach said the strategic rationale to acquire the remaining ownership of Ecologic Analytics is predicated on ensuring that Landis+Gyr has the capability to offer utilities the software and meter data management products that they need to complete their smart grid offerings.
