Echelon and Holley Metering to Develop and Sell Smart Grid Solutions in China
Echelon Corporation and Holley Metering Limited, a leading smart metering vendor in China have announced an agreement under which both companies will form a new joint venture company in China, Zhejiang Echelon-Holley Technology. ("Echelon-Holley"), to focus on the development and sales of advanced smart metering products for China. Echelon-Holley is committed to act in the best interests of the two companies' respective customers and agents.