$2.3bn deal to build smart grid leader
By Nick Flaherty www.flaherty.co.uk
Toshiba is to buy Landis+Gyr for $2.3bn to build the world leader in Smart Grid technology.
The acquisition is designed to create a new platform within Toshiba specifically targeting the global Smart Grid opportunity for both utility customers and consumers. Landis+Gyr has over 8,000 utility customers around teh world
Thursday, 19 May 2011
Toshiba to buy Landis+Gyr to move into smart grid
Posted on 03:03 by Unknown
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