Alstom acquires Canadian ASAT Solutions Inc

Date
12/23/2012

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Acquisition complements MiCOM protection relays and DS Agile control

Smart grid sub-station

Alstom Grid has acquired ASAT Solutions Inc, the Calgary, Alberta, Canada based substation automation provider. ASAT is a Smart Grid technology company that specializes in managing, securing, and delivering substation information for utility operation, maintenance and asset management applications. The Smart Substation technologies enable the electric utilities to be proactive with the information for improving the power system operation, efficiency and reliability. ASAT products are in operation at major North American utilities as well as other global national utilities. Typical deployments are for substation modernization projects with RTU (Remote Terminal Unit) based architectures, as well as the increasing demand for the IEC 61850 standard based architectures. The addition of ASAT products will complement Alstom Grid's MiCOM protection relays range and extend the offering of the DS Agile digital control systems, one of the most successful substation automation systems on the market. "This acquisition is a great opportunity for Alstom Grid to help accelerate development of ASAT business while broadening our smart grid ready offer to the market. We look forward to welcoming the ASAT team to the SAS business and enhancing our presence in North America." indicated Hervé Amossé, Vice-President, Alstom Grid Substation Automation Solutions. "We are extremely excited to become part of the Alstom Grid's Substation Automation System business," said Manford Kwan, President and CEO of ASAT Solutions. "We look forward to seeing our products and solutions integrated into the SAS portfolio and to accelerate growth through SAS global manufacturing and engineering sites. This transaction creates compelling new opportunities for our employees, customers, and partners around the world." Alstom Grid Substation Automation Solutions. ASAT Solutions

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