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Latest Scoop
Siemens Boosts Stake in Smart Grid Data Management with Purchase of eMeter
In a move that will give it added strength in the software side of the smart grid, Siemens Industry Inc., said it has signed an agreement to acquire all of the stock of eMeter Corp., San Mateo, Calif., a provider of information-management systems to handle the data generated by smart meters.
ElectroRep Takes on Southwire and Klein Tools Lines to Expand into Mining Market
Electrorep, Inc., Sausalito, Calif., is expanding into the mining market in the western U.S. and has entered into agreements with Southwire Co. and Klein Tools to act as their sales rep servicing the mining companies in this region.
IT Biz to Offer New Opportunities in 2012
As the economy improves, look for distributors’ IT spending to increase in new ERP systems or updates, mobile computing, cloud computing and tools for distributors to optimize profits and pricing.
HD Supply Partners with Agile Sourcing
Utility products distributor HD Supply Utilities, Atlanta, announced an equity investment in utility supply integrator Agile Sourcing Partners, Inc., Corona, Calif. HD Supply said the partnership will allow it to offer “comprehensive capabilities and enhanced value-added services to utility customers.”
Colonial Electric Acquires Telecom Specialist
Colonial Electric Supply, King of Prussia, Pa., has acquired TelTek Sales Inc., Philadelphia, to bolster its offering of telecom products and services.
People On The Move
New presidents at Graybar, WattStopper
Graybar Electric (St. Louis): Kathleen M. Mazzarella has been named president, effective June 1, 2012. Mazzarella currently serves as executive vice president and chief operating officer, a position she has held for the past year.
On The Wire
Nexxus going direct with LEDs
Nexxus Lighting Inc., Charlotte, N.C., says the distribution models now used to sell lighting products are “antiquated” and plans to sell LEDs direct to commercial customers via ArrayLEDdirect.com.
Mersen announces plans to acquire busbar manufacturer
Mersen, Newburyport, Mass., has entered into an agreement in principle with Eldre, the largest worldwide pure player in laminated busbars.
Infor to relocate headquarters
Infor, a provider of business application software serving more than 70,000 customers, will relocate its headquarters to New York in the summer of 2012.
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