Itron, Inc. a global technology company that helps utilities measure, manage, and analyze energy and water, and Deutsche Telekom, a world leading integrated telecommunications company, announced today that they have signed an agreement to collaborate on delivering smart metering solutions to target markets in Europe. This agreement brings two leading companies together in the smart grid and smart metering space to combine their technology expertise to better serve the utility industry.
Under this agreement, the two companies will utilize Itron’s innovative smart meter solutions, Deutsche Telekom’s M2M capabilities, Information and Communication Technology solutions and Intelligent Networks Energy solution offering to bring an even more comprehensive solution and service offering to European markets. This coupled with the strength of two large and experienced companies combining efforts to create more options for customers will result in tremendous opportunities for utilities.
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Source: Business Wire