December 8, 2006—Bayard Group, a global investor in energy measurement and efficiency technologies, has announced the acquisition of Cellnet, one of America’s leading AMR (Automated Meter Reading) solutions companies.
Every day, Cellnet reads more than 11 million commercial, industrial and residential meters for its customers across the United States. The company sells both equipment and managed services to the electricity, water and gas industries. With its first network installed over 10 years ago, the company has a proven track record of reliability and service excellence.
The company currently employs approximately 450 people.
For more information, visit the Bayard Web site.