2011-03-14
Greenbox Technology

The company Silver Spring Networks said on Tuesday that it has an agreement to buy Greenbox Technology. What is this?: a home energy-management software company.
The planned acquisition is an expansion for Silver Spring Networks, which makes wireless networking cards that are embedded in smart meters to broker communications between homes and utilities.
The Spring Networks is one of the most successful Silicon Valley green-tech start-ups.
Greenbox Technology's Web-based energy-management software is built for consumers looking to trim their energy use. It allows people to see the electricity consumption of devices in the home and provides recommendations on how to make an accurate use.
In-home energy-management software is a crucial piece of many smart-grid programs. Consumers can access through a Web portal having the opportunity to cut consumption by about 15. With the acquisition, the Greenbox software, already used by thousands of people, will be available to more consumers.
But the company is working on future versions of the software that can be used with a wireless thermostat to control the settings for a homes.
Sustainable Development
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Sustainable Development
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Sustainable Development
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Sustainable Development
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Sustainable Development
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