Cooper Power Systems President Mike Stoessl says, “For AMI applications, we are the market leader for PLC based installations and with this acquisition will be able to offer our customers who require both PLC and RF technologies more customized solutions to meet their individual needs in both rural and urban service territories.” While the acquisition of Eka’s assets strengthens Cooper’s ability to compete in grid optimization, it also reveals Eka’s inability to establish itself while competing with AMI networking leaders such as Silver Spring Networks and Trilliant.
Rick Thompson, analyst and co-founder of Greentech Media observed on their website that “Eka Systems was going after an attractive market opportunity but was never a real player in this space, as is proven out by being forced to sell their assets.”
He also noted that Cooper was more likely to take advantage of the underlying technology than Eka and that the consolidation was not unexpected. “It goes to show that this is not a one-network- or one-protocol-fits-all kind of game, though a lot of people like to think of it as some type of panacea-like smart grid solution. These are complex systems where the communications infrastructure requirements will differ based on customer, region, physical geography and application.”