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Siemens buys majority stake in utility software company Energy4U

Siemens IT Solutions and Services will acquire a 60 percent stake in Energy4U GmbH to strengthen its smart-grid portfolio for utility companies in smart metering and billing. Based Germany, Energy4U specializes in SAP implementation of information and billing systems for utilities. Energy4U has over 90 employees and is one of Germany’s leading SAP service providers in this market segment. Terms were not disclosed. Siemens’ offerings for utilities range from energy generation, transport and distribution through to metering and billing. Smart grids are part of Siemens’ environmental portfolio, which generated sales of approximately $27 billion in fiscal 2008, about a quarter of total company sales.

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Industry Calendar

June 3-6
Windpower 2012
Atlanta; American Wind Energy
Association (AWEA); 202-383-2500, www.windpowerexpo.org

July 11-12
NAED Congressional Fly-In
Washington, D.C.; National Association of Electrical Distributors (NAED), 314-991-9000, www.naed.org

July 19-21
NAED 2012 Lead Conference
Chicago; National Association of Electrical Distributors (NAED), 314-991-9000, www.naed.org

August 20-22
NAED 2012 AdVenture
Chicago; National Association of Electrical Distributors (NAED), 314-991-9000, www.naed.org

.... More events and information

 


Industry Calendar

September 12-15
NECA Trade Show: Seattle; National Electrical Contractors Association, 301-657-3110,
www.necanet.org

September 22-24
IDEA E-Biz Forum 2009: Tucson, Ariz.; IDEA, 866-479-0484, www.idea-esolutions.com

October 14-17
AHTD Fall Meeting: Hilton Head, S.C.; Association for High-Technology Distribution, 800-488-4845, www.ahtd.org

October 17-19
IMARK National Meeting: San Antonio, Texas; IMARK, 301-567-8888;
www.imarkgroup.com

October 19-22
Solar Power 2009: San Jose, Calif.; Solar Energy Industry Association, 866-229-2386,
www.solarpowerconference.com

October 26-29
A-D Electrical Supply Division North American Meeting: Dallas; Affiliated Distributors, 610-977-3100,
mya-d.net

November 4-7
NAED Eastern Region Conference: New Orleans; NAED, 888-791-2512, www.naed.org

November 11-13
GreenBuild 2009: Phoenix; U.S. Green Building Council, 800-795-1747, www.usgbc.org

November 13–14
NEMA Annual Meeting/Illuminations Weekend Scottsdale, Ariz.; National Electrical Manufacturers Association, 703-841-3200, www.nema.org/events

 
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