Landis+Gyr & Toshiba
One Step Closer to our Vision
Toshiba and Landis+Gyr are now one step closer to their collective vision of becoming the world's leading eco-company. With the completion of the acquisition, Landis+Gyr has become a consolidated subsidiary of Toshiba and a member of the Toshiba Group. This is a defining moment in the history of both companies. First, it is recognition of the companies' rich, century-long histories of engineering and innovation. Furthermore, it is an unprecedented opportunity where Landis+Gyr, as a stand-alone growth platform within Toshiba, is positioned to further accelerate the enablement of Smart Grid and Smart Community and the delivery of new benefits to our customers and their markets.
Leveraging Landis+Gyr's smart metering and smart grid solutions technologies and Toshiba's extensive expertise in energy management and power distribution network products, will allow us, over time, to provide additional, new solutions for our markets and customers worldwide.
A Vision of Smart Community and Smart Grid
We believe that it is necessary to provide effective solutions to the world's environmental issues for our customers, leveraging our advanced technologies, products and services. As the world leader in smart metering solutions, Landis+Gyr along with Toshiba will look to expand existing businesses while also entering into new businesses leveraging both firms' strengths.
By implementing both Toshiba's and Landis+Gyr's technologies, by leveraging our global scale and scope and by harnessing the power of innovation and the expertise and spirit of our people, we believe we can bring the smart grid and smart communities from concept to reality.
We look forward to working together to achieve these goals.