Alstom and Psymetrix plan to develop and launch new critical software applications for power electronics, advanced control, substation automation, grid self healing and defense plans, targeting grid utilities as well as power plant operators.
This acquisition will allow Alstom and Psymetrix to accelerate their development in the WAMS markets, such as North America and China, from 2011 onwards.
Alstom said that Psymetrix will bring complementary expertise to Alstom’s smart grid online stability solutions, and will continue to operate from its Edinburgh headquarters, retaining the same staff and its quality products and solutions.
Psymetrix software gives power utilities the ability to increase power transfers in their systems and improve the reliability of their networks while decreasing overall system risk.
