ST buys powerline comms company, Arkados
Business news
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By
eeNews Europe
ST claims it is already the undisputed leader in Smart Metering and in Smart Grid Powerline Communications, with its narrow-band PCL platforms being extensively deployed in major smart metering infrastructure programs worldwide.
ST believes the acquisition gives it the additional broadband IP to complete its PLC portfolio and a stronger position in the future broadband PLC markets such as home multimedia networking, smart energy applications and electric-vehicle-to-the-grid communication technologies, collectively known as Convergent Home Digital Networking and Smart Grid.
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