Ottawa, ON, June 10, 2021 – Harris, a global vertical market software provider and acquirer, enters the energy conservation software sector with the acquisition of the Consumer Analytics Solutions business from Aclara Technologies LLC (Aclara).
The Consumer Analytics Solutions business of Aclara offers utility providers an adaptive consumer engagement platform designed to provide its customers with a personalized experience through robust analytics and data-driven graphs and messages. The platform will add energy management, home energy reporting, and meter and asset data management solutions to Harris’ comprehensive utilities product portfolio. Harris Utilities Executive Vice President, Barry Dunphy, comments, “ We are very excited to continue to invest in offering best-in-class utilities software” adding, “this acquisition will broaden our existing consumer engagement functionality.”
Stephens Inc. advised Aclara and its parent organization, Hubbell Incorporated, on the transaction.
Aclara, a division of Hubbell Utility Solutions, is a world-class supplier of smart infrastructure solutions (SIS) and services to more than 1,000 water, gas, and electric utilities globally. Aclara SIS offerings include smart meters and other field devices, advanced metering infrastructure and software and services that enable utilities to predict and respond to conditions, leverage their distribution networks effectively, and engage with their customers.
About N. Harris Computer Corporation (Harris)
Harris acquires vertical market software businesses, manages them well, and builds them for the future. Through acquisitions, Harris has grown extensively from its roots in the utilities, local government, education, and healthcare verticals to operate over 150 businesses globally across more than 20 industries. We are a part of Constellation Software Inc. (TSX: CSU), one of the world’s most active acquirers of VMS businesses.
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Executive Vice President, Cayenta Utilities