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Smart-grid communications company Trilliant brings on GE and ABB as investors to expand use of radio-based mesh networking technology.
It acquires SkyPilot Networks, which has had a hand in municipal Wi-Fi, so it can build a broadband network from a home's smart meter back to utilities.
Smart-grid company Trilliant lands a $40 million equity investment to expand while Silver Spring Networks and Greenbox Technology land smart-grid utility deal.
Proponents of smart grid technology, including investors, tell a Capitol Hill audience on Thursday that federal stimulus money should go to improve the country's electric grids.
In some places, utilities' plans to install smart meters are getting challenged by regulators who question whether the technology's costs will be balanced by benefits to consumers.