Itron Inc. (NASDAQ: ITRI), a company providing systems for advanced metering infrastructure (AMI), has entered into a joint marketing and development agreement with Arcadian Networks.
Arcadian Networks designs and delivers wireless broadband communication
systems to the energy sector. The real-time, two-way communication
networks provide the backbone of “smart” energy solutions–-delivering
operating efficiencies, interoperability and security.
Designed
specifically for utility, oil and gas, and renewable energy industries, Arcadian’s IP converged networks are based on private, secured 700 MHz
spectrum. The company’s services range from blueprint to network
deployment, systems integration, through customer service.
“This collaboration enables Itron and Arcadian to offer utilities a complete smart grid communication solution including integrated operations and backhaul communications for our advanced meter infrastructure and smart grid solutions. Arcadian’s SMART Network Methodology reflects their focus on providing smart grid communications solutions tailored specifically to the needs of the utility industry,” noted Philip Mezey, senior vice president and chief operating officer of Itron North America.
Arcadian Networks CEO Ed Solar added, “We look forward to joining forces with Itron to complement their leadership in smart grid solutions. Arcadian’s strength as the market forerunner dedicated to meeting the stringent security and unique operational needs of utilities is a natural fit with Itron’s expansive smart grid offerings and capabilities.”
Itron Inc. is a leading technology provider to the global energy and water industries, with nearly 8,000 utilities worldwide relying on the company’s technology. Products include electricity, gas, water and heat meters, data collection and communication systems, including automated meter reading (AMR) and advanced metering infrastructure (AMI); meter data management and related software applications; as well as project management, installation, and consulting services.
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