Friday, September 9, 2011

Tendril In Partnership

Boulder-based Tendril, the developer of energy management and monitoring software for the smart grid market, said this week that it has partnered with a provider of a smart grid product from Elster. According to the two firms, they are in an integration and reseller agreement, where the two will jointly market Tendril's energy management solutions to utilities using Elster's own EnergyAxis product. Financial details of the deal were not disclosed. Elster provides distribution monitoring and control, smart energy metering, and other products for utilities.