Wasion Meters Group Limited and Teridian Semiconductor Corporation have announced a strategic agreement to introduce advanced 3-Phase and 1-Phase metering products for domestic and export applications based on Teridian’s 71M65xx family of system-on-chip (SOC) products.
The agreement includes closer collaboration and better vertical alignment of the two companies in definition and development of new products to better serve the rapidly growing electricity metering market.
“We are excited to see our mutual vision of developing new technologies to address rising demand in electricity have brought the two companies together in partnership. With significant growth in 3-phase meter demand and an equally robust growth forecast in deployment of smart metering technologies worldwide, we believe that working together as strategic partners will position us to better serve the utilities’ technical and commercial objectives,” said Kourosh Boutorabi, Teridian's vice president and general manager of Metering business unit.
“Teridian’s leadership in providing precision energy meter SoC solutions will enable Wasion to leverage its flexible platform for fast time-to-market delivery of new meter designs conforming to the varying requirements of each utility for high performance meter solutions. The announcement of the partnership further demonstrates Teridian’s commitment to the global metering industry and continued innovations in metering metrology solutions”, said the Wasion management team.
Wasion Meters Group Limited, www.wasion.com.
Teridian Semiconductor, www.teridian.com.
