Echelon sells smart grid ops and acquire IoT company Lumewave

Publish Date:

Sunday, August 31, 2014 4:42 pm PDT

Category:

News Organization:

EE Herald

Source URL:

Industrial network device expert Echelon acquires IOT business and also gets rid of its smart grid business. 
Echelon has acquired lighting control IOT company Lumewave Inc. Lumewave makes individual lighting controllers ( mainly for outdoor lighting control), gateways, and management and maintenance software. Echelon also sold its smart grid operations to Europe based S&T AG.

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