Landis+Gyr buys remaining stake in Ecologic Analytics

Zug, Switzerland, January 10, 2012 — Landis+Gyr announced that it has completed the transfer of ownership for all of the remaining stock of Ecologic Analytics, bringing Landis+Gyr's ownership to 100 percent. The terms of the transaction will not be disclosed.

Ecologic Analytics is a maker of meter data management (MDM) software, which transforms advanced metering infrastructure data into accurate, timely and actionable information for electric, natural gas and water utilities.

Ecologic Analytics has a flexible business model, working with utilities, and if opted for, system integrators to implement software solutions. Ecologic Analytics will continue its operations from Bloomington, Minn. and the company's president, Craig Norman, will report to Richard Mora, Landis+Gyr's president and CEO for the Americas.

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