GridPoint Acquires ADMMicro
The acquisition extends GridPoint’s smart grid solutions to a broader customer base, further strengthening the company’s commitment to transform the distribution and consumption of electricity.
Peter Corsell, CEO of GridPoint, said: “The smart grid cannot be fully realized without integrating intelligent facilities that are equipped to automatically achieve optimum efficiency. ADMMicro is an innovative company that has established a leading position in a rapidly expanding market segment. Our respective technologies are highly complementary and will benefit producers and consumers of electricity across the board.”
Don Howell, CEO of ADMMicro, said: “Our companies have a closely aligned vision, which involves empowering our customers with visibility and control over energy consumption in order to realize savings and lower their carbon footprint. We look forward to participating in GridPoint’s exciting mission to enable the smart grid.”
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