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GridPoint Buys Home Energy Management Startup Lixar | Print |
Written by Akiba   
Tuesday, 30 June 2009

The well-funded smart grid software startup has bought Lixar, a quiet developer of in-home energy management, to add to its promised portfolio of smart grid software.

GridPoint is spending some of the more than $220 million in venture capital it has raised to buy another piece in the smart grid software jigsaw puzzle.

That's Lixar, a secretive Ottawa-based startup making home energy management software and systems now being tested in Canada – and, according to one news report, with major U.S. utility Duke Energy (NYSE: DUK) as well.

Terms of the acquisition were not disclosed, but Monday's announcement does shed some light on what Lixar is offering.

Lixar's home energy interface is available via the web and on mobile devices like iPhones and Blackberry devices, the announcement said. The company’s systems can work with communications protocols including Insteon, Modbus, WiFi, ZigBee, Z-Wave and X10, the announcement said.

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