Tantalus Systems Acquires Energate

Published: Aug 23 2017
Deal Summary

Tantalus Systems Corp, a provider of smart grid solutions, has acquired Energate, Inc., a provider of interactive energy management solutions.

Energate provides interactive energy management solutions and products for utilities and their residential customers. The company offers software, portals, and mobile applications; and wireless devices. Energate’s solutions leverage the smart grid to mitigate supply and demand challenges; and Consumer Connected Demand Response platform allows utilities to address residential demand and enables their customers to manage energy use. In addition, it offers Direct Load Control (DLC) solution that enables utilities to evolve their existing DLC programs into Demand Response programs; HolHom solution that provides utilities with the ability to deploy home energy management features and services to their residential and small business customers; and residential and light commercial demand response solutions.

The acquisition expands Tantalus Systems’ smart grid application portfolio to include a comprehensive solution.

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