by AF 1202h3 — December 8, 2008—Cooper Industries, Ltd., has acquired Cyme International (Cyme) of St. Bruno, Quebec, Canada, a leading power engineering software and services provider that enables utility engineers to design, analyze and optimize their networks. Additionally, Cyme’s products allow utilities to better manage power outages, leverage advanced metering infrastructure (AMI) data, integrate and manage distributed generation assets such as renewable sources of electricity, and maximize the productivity of their networks.
Cyme will become part of the Energy Automation Solutions (EAS) group within Cooper Power Systems. Terms of the acquisition were not disclosed.
Cyme International was founded in 1986 with a mandate to provide high quality power engineering software solutions to the electrical industry worldwide. The company is recognized internationally as a world-class software provider with more than 5,000 copies of its software solutions installed around the world. These applications have been used in thousands of transmission and distribution projects in more than 100 countries.
“This is a natural integration of two companies who know that the smart grid is a business driver for utilities,” said Marc Coursol, President and CEO of Cyme. “We look forward to seeing our solutions and engineering services integrated into the Cooper Power Systems offering to better serve our mutual customers the world over.”
For more information visit Cooper Industries Web site.
