GE, SAP Join Landis+Gyr in British Smart Meter Group
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General Electric Co. and SAP AG joined an alliance of companies including Landis+Gyr AG to develop common standards for a U.K. smart-meter market that may be worth 3.8 billion pounds ($6.2 billion) this decade.
Fairfield, Connecticut-based GE, Germany’s SAP, Logica Plc, Trilliant Inc., Itron Inc. and Sensus USA Inc. joined the alliance formed a year ago by Elster Group SE, Secure Meters Ltd. and Landis+Gyr, according to an e-mailed statement from the group. Toshiba Corp. of Japan agreed last month to buy Landis+GYR for $2.3 billion.