13 May '11, 10pm

Why Landis + Gyr Is A Good Bet For Toshiba, Japan: In the 70s and 80s, Japanese companies became global househ...

Why Landis + Gyr Is A Good Bet For Toshiba, Japan: In the 70s and 80s, Japanese companies became global househ...

In the 70s and 80s, Japanese companies became global household brands. In the current decade, they could become background brands, and in the process pave the way back to profitability. Toshiba is close to buying Landis + Gyr, one of the large meter manufacturers, for $2 billion, according to various news reports. General Electric was rumored to be an earlier bidder, but has dropped out. (Interestingly, sources at our Networked Grid symposium last week amid the 'GE will buy Landis' rumors said that a deal with GE would not likely go through ). With Landis under its belt, Toshiba would become one of the primary players for smart meters and utility infrastructure equipment. Most consumers don't associate Toshiba with heavy equipment. Instead, they think of TVs and notebooks. (This story is being written on a Toshiba laptop.) But somewhat faceless components and electronics s...

Full article: http://www.greentechmedia.com/articles/read/why-landis-gy...

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Honeywell, GE, Toshiba Vie to Acquire Smart Grid Firm Landis+Gyr

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greenbiz.com 11 May '11, 12pm

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has reportedly emerged as the top contender in the bidding war over Swiss smart meter maker Landis & Gyr, leapfrogging sev...