The burgeoning global smart grid industry is beginning to consolidate as governments around the world look to use their energy resources more efficiency and limit carbon emissions without sacrificing electric reliability.

Siemens announced on Monday that it would acquire its long-time strategic smart grid partner, California-based eMeter, for an undisclosed sum, with the deal set to take effect mid-to-late December. eMeter specializes in smart meter data management software and is most famous for its EnergyIP platform, which can provide, readout and manage data produced by smart meters throughout a power grid. Keep reading →