Diversified manufacturing and technology leader Honeywell has acquired Smart Grid services provider and demand response leader Akuacom. Akuacom's expertise with fully automated demand response adds significant depth to Honeywell's management experience in utility-sponsored DR programs, from design and load control technology to marketing and customer support. Details of the acquisition were not disclosed.
Quick Take: As we implied in our recent article about Schneider's Smart Grid demand response strategy, many larger companies are circling the market that is forming at the intersection of smart buildings and the Smart Grid. Look for many such acquisitions and combinations. Ultimately, we expect a handful of national powerhouses to emerge, along with a number of regional players. You might also be interested in ...
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