China-based Wasion Meters announced a strategic agreement with Teridian Semiconductor to introduce advanced 3-Phase and 1-Phase metering products for domestic and export applications based on Teridian's 71M65xx family of system-on-chip products.
Wasion Meters is a power solution provider in China specializing in the provision of electronic power meters and power management systems. Its products are widely applied for the measurement and management of power generation, transmission, distribution and usage.
"We are excited to see our mutual vision of developing new technologies to address rising demand in electricity have brought the two companies together in partnership. With significant growth in 3-phase meter demand and an equally robust growth forecast in deployment of smart metering technologies worldwide, we believe that working together as strategic partners will position us to better serve the utilities' technical and commercial objectives," stated Kourosh Boutorabi, Teridian's vice president and general manager of the metering business unit.
Teridian Semiconductor designs, sells and provides engineering support for its mixed-signal integrated circuits used in energy, automation, networking, and secure access systems.