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Honeywell Acquires E-mon, LLC

Honeywell announced July 26 it has acquired E-Mon, LLC, a leading manufacturer of electric submetering products and systems.  The acquisition will enable Honeywell to offer a more complete energy efficiency portfolio to a broader customer base and strengthens its offerings in support of the smart grid.  Submeters enable facility owners, such as property managers, schools and universities, government facilities, manufacturers or shopping centers, to better control and manage energy costs. A submeter measures energy consumption by tenant or department, and enables property owners to analyze consumption and usage patterns, helps identify failing equipment and system inefficiencies and can verify facility energy conservation programs – all of which are critical capabilities in a smart grid environment.

http://www51.honeywell.com/honeywell/news-events/press-releases-details/07.26.10_Emon.html