by Staff Writers
Frankfurt (AFP) Dec 5, 2011
German engineering giant Siemens said Monday it has agreed to buy eMeter, a US-based data management specialist, in a bid to enhance its position in the field of so-called smart grids.
Both parties had agreed not to disclose the purchase price and expected to close the deal in "mid-to-late December," Siemens said in a statement.
Given ever-increasing demand for more efficient power supply networks, the acquisition of eMeter -- one of the leading providers of meter data management software worldwide -- was an "important" one, said the head of Siemens' smart grid division, Jan Mrosik.
Siemens said it has worked together with eMeter as a strategic partner since 2008.
In October, Siemens pooled its business of intelligent power supply networks into a new smart grid division, which supplies power providers and network operators, businesses and cities with products and solutions for intelligent and flexible network infrastructures.
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Half of greenhouse gases emitted by five nations: report
Durban, South Africa (AFP) Dec 1, 2011
More than half of all carbon pollution released into the atmosphere comes from five countries, according to a national ranking of greenhouse gas emissions released Thursday. The first 10 countries on the list, made available during UN climate talks in Durban, South Africa, account for two-thirds of global emissions, said the report, compiled by British-based firm Maplecroft, specialists in r ... read more
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