Toshiba buys Consert, will integrate company into Landis+Gyr

Toshiba Corp. acquired privately-held Consert Inc., an intelligent energy management company that converts electric consumption in homes and small businesses into cost-effective clean sources of capacity and energy reserves for utilities

Toshiba Corp. acquired privately-held Consert Inc., an intelligent energy management company that converts electric consumption in homes and small businesses into cost-effective clean sources of capacity and energy reserves for utilities.

The purchase makes Consert a Toshiba unit that will enhance Toshiba Group's smart community business in the U.S. Operations in North America will be integrated with Landis+Gyr, the provider of integrated energy management products and a Toshiba Group company.

Consert, through its Virtual Peak Plant (VPP) offering, can deliver a fully-integrated, intelligent load management solution for utilities. VPP provides improved forecasting and capacity management, real-time outage management information, remote service connections and improves customer service as well as end-consumer communications and energy efficiency.

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