Smart Grid

Toshiba Corporation, a global provider of electronics and social infrastructure systems, has entered into a definitive agreement to acquire the entire equity of Landis+Gyr AG, a company incorporated in Switzerland and a manufacturer of energy management solutions for utilities. The acquisition, valued at US$2.3 billion including net debt, will substantially enhance the scope of Toshiba’s Smart Grid and Smart Community businesses and position the company as a global force with world-class capabilities.Read More…