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Itron to acquire SmartSynch for $100M for smart grid tech

February 13th, 2012

Meter giant Itron has made a rare smart grid acquisition. On Wednesday afternoon Itron announced that it plans to acquire smart grid cellular networking company SmartSynch in a deal worth around $100 million. SmartSynch has championed the use of cellular networks for utilities’ smart grid projects and says it has 130 customers, including nine of the top ten utilities in the U.S.

By my calculations the 12-year-old company, based in Jackson, Miss., raised its first venture capital rounds from Nth Power, Siemens Venture Capital and Kinetic Ventures back in its first couple of years of existence, and by 2003, had raised $35 million in venture funds. T

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Tags: Grid, Smart Grid
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Nokia Sold 1.3 Million Lumia Phones in 2011: Will it Save the Company?

January 20th, 2012

Nokia, once a top handset manufacturing company, is now struggling to maintain its position in the market. The Finnish company is looking to regain its lost glory with Microsoft’s Windows Phone 7 handsets and it seems its strategy may eventually pay off. Reportedly, Nokia moved about 1.3 million Windows Phone powered Lumia 710 and Lumia 800 phones during 2011.

According to Bloomberg, the Finnish handset manufacturer may have finally found the recipe for success in its Lumia phones. Bloomberg consulted 22 industry analysts for generating these figures. F

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Tags: 2011 Company, Company
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Discover How Smartphones Improve Our Lives One App at a Time

January 13th, 2012

Whether you want to impress the family with homemade cookies or find the best possible deal on a flight during peak vacation time, there’s a smartphone app that will make it happen. The different ways how smartphones improve our lives are almost too hard to list—just try remembering what life was like before you could look up everything on search engines and re-watch that funny SNL bit as many times as you like.

Avoid Danger

Image via Flickr

The many ways on how smartphones improve our lives extend beyond entertainment, even if those YouTube videos are pretty enjoyable. Sma Find more…

Tags: smartphones improving life
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Woz Says Android has Advantages over iPhone

January 12th, 2012

Apple co-founder Steve Wozniak has gone on record as saying that Android has advantages over the iPhone. That is an interesting statement to be made by someone from Apple, but Woz has never been shy about saying what he thinks. The comment came in an interview Woz did with Dan Lyons of the Daily Beast.

Woz said, “My primary phone is the iPhone. I love the beauty of it. But I wish it did all the things my Android does, I really do.” I wonder how mad Woz saying things like this make the folks at Apple.

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Tags: Iphone
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Landis+Gyr snaps up Ecologic Analytics for grid big data

January 4th, 2012

Meter giant Landis+Gyr has snapped up smart meter data management company Ecologic Analytics, the companies announced on Tuesday. Ecologic Analytics has been around for over a decade and Landis + Gyr was already a minority shareholder in the firm. Terms of the deal were not disclosed.

Ecologic Analytics makes software that manages all of the data that comes off of smart meters and which is crunched in utilities data centers (these are commonly called meter data management systems, or MDMS).

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Tags: Data, Ecologic Analytics
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