ARLINGTON, VA – ridPoint Inc., a smart grid company, has acquired Lixar’s energy business, an Ottawa company providing energy management solutions that offer sophisticated user interfaces and support multiple communications protocols and devices.

Financial details were not disclosed.

The acquisition enables GridPoint to enhance its enterprise-class software and establish a Canadian presence.

GridPoint implements intelligent software solutions that are transforming the electric power grid that allows utilities to incrementally adopt and customize solutions to better measure and control energy efficiency, load management, renewable integration, storage management, and electric vehicle management.

Online: www.gridpoint.com

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