UNITED KINGDOM - Electrical measurement company Megger Group (Megger) has acquired the entire share capital of Metrycom, a provider of grid network sensors and analytics to the electrical supply industry.

Metrycom was founded in Israel in 2008 and based in Herzliya, where the focus has been engineering development of smart grid solutions, working closely with Israel Electric Corporation and other electrical utilities to address future needs, including support of different network topologies, solutions for compensated grid networks, predictive analysis, pre-fault location, cyber security hardening,  communications options including integrated cellular and mesh-radio networks for urban and rural grids, and maintenance-free operation in different environments.

The company supplies unique grid sensor and analytics solutions for online measurements, condition monitoring and fault location using extensive detection and prediction algorithms for medium and high voltage grid networks. Smart grid sensor networks bring insight to grid operators, enabling tracking of real-time energy consumption, phase imbalance and power flows across the grid including distributed energy resources.

Analytics provides decision-makers with predictive analysis of future faults, supporting predictive maintenance practices along with improved detection and location of unplanned outages. This also enables improved grid system reliability year over year, with improvements in SAIDI, SAIFI and CAIFI grid reliability indices.

"We are delighted to bring Metrycom into the Megger family," said Megger CEO Jim Fairbairn. "The addition of Metrycom supports the longer-term industry move to online monitoring solutions and complements Megger's partial discharge monitoring solutions for substation GIS and GIL assets. This acquisition underpins our medium-term vision to become a connected, digitally fluent, value-added analytical partner for electricity utilities and all customers engaging in power management," he said.

Metrycom CEO Liron Frenkel said: "We are very pleased to have been acquired by Megger, as this complements the Metrycom business, providing outstanding business development opportunities and extended reach to new customers who can benefit from our high-quality Smart Grid monitoring solutions."

Source: Megger