APX Alarm Security Solutions has acquired Meter Solutions to enhance the production of smart grid and energy management solutions for consumers.
Meter Solutions, based in Orem, Utah, specializes in the installation of automated metering infrastructure (AMI) systems, a technology that automatically collects data from water, gas or electronic meters and wirelessly transmits the information to a central database used for billing and analyzing.
This instant data collection provides utility companies with more accurate billing and also reduces labor costs, eliminating the need for additional field technicians and door-to-door meter reading.
Meter Solutions CEO Taylor Turnbull said that by merging with APX, the company hopes to continue to bring innovative solutions to its utility customers, while also providing the consumer with an opportunity to benefit from the increased functionality provided by a fully integrated AMI system.