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Top smart grid M&A transactions for 2012:
· $11.8 billion acquisition of grid and equipment company Cooper Industries by Eaton
· $2.3 billion acquisition of smart meter company Elster by UK investment firm Melrose
· $2 billion acquisition of security and home automation company Vivint by Blackstone
On the VC side, Mercom's report said home and building automation companies raised the most funding in nine deals representing $198 million, followed by $82 million for demand response, $76 million for grid optimization and $63 million for AMI.
The top investment transaction was the $136 million for Alarm.com from ABS Capital Partners, Equis Capital Partners, NJTC Venture Fund and Technology Crossover Ventures. Silver Spring Networks raised $30 million from Hitachi and Tendril raised $25 million from VantagePoint, Good Energies, RRE Ventures, GE and Siemens.
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Smart Grid: Smart grid VC funding inches up (and reveals home energy trend)
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