Silver Spring Networks Inc. Co (SSNI) 12.41 $SSNI
U.S. District Court Awards Over $600,000 in Costs to Silver Spring Networks in Patent Suit
BusinessWire - Wed Jul 27, 7:30AM CDT
Silver Spring Networks, Inc. (NYSE:SSNI) today announced that the United States District Court for the Eastern District of Texas has awarded Silver Spring Networks $614,150.70 in costs, to be paid by EON Corp. IP Holdings, LLC. The order follows the decision of the United States Court of Appeals for the Federal Circuit reversing a judgment from the District Court in Texas regarding patent claims covering wireless communication. Silver Spring Networks, as the prevailing party, is entitled to recovery of certain costs under the Federal Rules of Civil Procedure.
SSNI: 12.41 (-0.07)
Silver Spring Networks Expands Executive Team With New Chief Operating Officer, Ayse Ildeniz
BusinessWire - Mon Jul 18, 3:15PM CDT
Silver Spring Networks, Inc. (NYSE: SSNI) today announced the expansion of its executive team with the appointment of Ayse Ildeniz as Chief Operating Officer (COO), a new position within the company. The addition of a COO role is designed to extend Silver Spring's position as a leader in the smart grid and smart city markets and accelerate its growth. The global sales, marketing, manufacturing, product management and global delivery functions will now report to Ildeniz.
SSNI: 12.41 (-0.07)
Silver Spring Networks Opens New Silicon Valley Headquarters, Deploys Its Internet of Things Network in San Jose
BusinessWire - Thu Jun 23, 1:30PM CDT
Today, Mike Bell, President and CEO of Silver Spring Networks, Inc. (NYSE:SSNI), was joined by Sam Liccardo, Mayor of San Jose, California, executives from Pacific Gas & Electric (PG&E) and other local public officials to officially open Silver Spring's new headquarters at 230 West Tasman Drive in San Jose. With an Internet of Things (IoT) demonstration facility, Silver Spring's new headquarters is the innovation and operations focal point for its global customer base.
PCG: 64.33 (+0.18), SSNI: 12.41 (-0.07)
American Municipal Power Selects Silver Spring Networks for Advanced Metering
BusinessWire - Mon Jun 20, 3:30PM CDT
Silver Spring Networks, Inc. (NYSE:SSNI) today announced that it has been selected by American Municipal Power, Inc. (AMP) for an advanced metering infrastructure (AMI) program. AMP is a non-profit wholesale power supplier and services provider for 133 municipal electric utilities in nine states. Collectively, AMP members serve more than 645,000 customers. For the initial phase, Silver Spring will deploy its standards-based IPv6 network platform and solutions to AMP to help its member municipalities provide better customer experience and service for 60,000 electric and 30,000 water customers. Additionally, Silver Spring will deliver SilverLink Control Platform and SilverLink Applications through Software-as-a-Service to help with rapid implementation, to minimize deployment risk, and to reduce the total cost of ownership.
SSNI: 12.41 (-0.07)
Silver Spring Networks Deploys Internet of Things Platform in Ireland
BusinessWire - Thu Jun 16, 2:01AM CDT
Today at the Energy Ireland Conference 2016, Silver Spring Networks, Inc. (NYSE: SSNI) announced it has commenced a smart city and energy efficiency program in Crossmolina, County Mayo, in the West of Ireland. Silver Spring has deployed an Internet of Things (IoT) network canopy for Mayo County Council for smart street lighting, and a residential energy efficiency project for the Council, with the project being funded in part by the Sustainable Energy Authority of Ireland (SEAI), the national authority focused on leading Ireland's transition to a low carbon society through sustainable energy structures, technologies and practices. The projects leverage the award-winning technology underpinning Starfish(TM), Silver Spring's international IoT network service offering.
SSNI: 12.41 (-0.07)
Silver Spring Networks Announces CFO Transition
BusinessWire - Mon Jun 06, 3:30PM CDT
Silver Spring Networks, Inc. (NYSE: SSNI) today announced that James P. Burns, the company's Chief Financial Officer, has resigned to accept a position with another company. Mr. Burns' resignation is effective June 10, 2016.
SSNI: 12.41 (-0.07)
Silver Spring Networks Hosts Starfish(TM) 'Developer Day'
BusinessWire - Mon Jun 06, 7:30AM CDT
Silver Spring Networks, Inc. (NYSE:SSNI) today hosted its inaugural 'Developer Day' in San Jose for third parties to leverage Starfish(TM), Silver Spring's public cloud Internet of Things (IoT) network service. Starfish is a proven, reliable and secure network and data platform that will help developers, entrepreneurs, device makers, and academics support and accelerate the development of new IoT devices and services such as smart city, smart energy, resource conservation, and other applications for public and commercial use. Silver Spring's Developer Days are full-day, hands-on workshops where each participant receives a Silver Spring Starfish Hardware Developer Kit and secure access to Silver Spring's data platform. Silver Spring will host a follow-up event in San Jose on Tuesday, June 28, where participants will showcase their prototypes and compete for awards.
SSNI: 12.41 (-0.07)
Silver Spring Networks to Present at the Stifel Technology, Internet and Media Conference
BusinessWire - Thu Jun 02, 4:00PM CDT
Silver Spring Networks, Inc. (NYSE:SSNI), a leading networking platform and solutions provider for the Internet of Things, today announced its participation in the following investor conference:
SSNI: 12.41 (-0.07)
Silver Spring Networks' Applauds U.S. Court of Appeals Ruling
BusinessWire - Tue May 31, 7:30AM CDT
Silver Spring Networks, Inc. (NYSE:SSNI) today applauded the ruling by the United States Court of Appeals for the Federal Circuit, which denied motions by EON Corp. IP Holdings, LLC for a panel rehearing and hearing en banc. The court's ruling upholds its previous ruling reversing a judgment from the U.S. District Court for the Eastern District of Texas regarding patent claims covering wireless communication that had awarded approximately $13.0 million plus pre-judgment interest to EON.
SSNI: 12.41 (-0.07)
Silver Spring Networks' Executive Jim Burns Named "Bay Area CFO of the Year"
BusinessWire - Tue May 17, 4:32PM CDT
Silver Spring Networks, Inc. (NYSE:SSNI) today announced that Silver Spring Executive Vice President and CFO Jim Burns has been named "CFO of the Year - Public Company-Small" at the 11th Annual Bay Area CFO of the Year Awards. Award winners were evaluated on their responsibilities, financial performance, and direct impact on their employees and the communities, among other criteria, by their industry peers. The awards were presented by Larkin Street Youth Services, in partnership with the San Francisco Business Times, at San Francisco's Fairmont Hotel on May 12.
SSNI: 12.41 (-0.07)
Silver Spring Networks reports 1Q loss
AP - Mon May 09, 7:10PM CDT
REDWOOD CITY, Calif. (AP) — Silver Spring Networks Inc. (SSNI) on Monday reported a first-quarter loss of $18.5 million, after reporting a profit in the same period a year earlier.
SSNI: 12.41 (-0.07)
Jamaica Public Service Company Selects Silver Spring Networks for Smart Grid Program
BusinessWire - Mon May 09, 3:07PM CDT
Silver Spring Networks, Inc. (NYSE:SSNI) today announced that it has been selected by Jamaica Public Service Company Limited (JPS), an integrated electric utility company and the sole distributor of electricity in Jamaica serving over 600,000 residential and C&I customers, for its smart grid program. In line with Jamaica's National Energy Policy 2009 - 2030, which emphasizes energy conservation and efficiency goals, JPS will deploy Silver Spring's open standards-based platform and SilverLink Software-as-a-Service to help ensure better grid reliability, improve operational efficiency and drive revenue realization. The project is also expected to empower JPS customers to manage their energy costs more effectively through a web portal with more timely and granular insights into their energy use. The initial phase of the project is expected to begin this summer, targeting 21,000 homes and businesses in seven parishes across the island.
SSNI: 12.41 (-0.07)
Silver Spring Networks Announces Starfish(TM) Rollout in London
BusinessWire - Mon May 09, 3:07PM CDT
Today, ahead of Internet of Things World, Silver Spring Networks, Inc. (NYSE:SSNI) announced the latest deployment of Starfish(TM) - Silver Spring's international Internet of Things (IoT) network service - in London. Silver Spring is working with its go-to-market partner, urbancontrol, a new company within the DW Windsor Group, beginning with deployment of IoT and smart city applications for the Westminster City Council.
SSNI: 12.41 (-0.07)
Pacific Power Selects Silver Spring Networks for Advanced Metering in Northwest U.S.
BusinessWire - Mon May 09, 3:06PM CDT
Silver Spring Networks, Inc. (NYSE: SSNI) today announced that it has been selected by Pacific Power to provide the platform and solutions for an advanced metering infrastructure for approximately 600,000 homes and businesses across 180 communities in Oregon.
SSNI: 12.41 (-0.07)
Silver Spring Networks Reports First Quarter 2016 Financial Results
BusinessWire - Mon May 09, 3:05PM CDT
--43.7% non-GAAP Gross Margin
SSNI: 12.41 (-0.07)
Why iRobot Corporation is (Still) Resisting Red Mountain
Steve Symington, The Motley Fool - Motley Fool - Fri Apr 15, 10:00AM CDT
iRobot's new Roomba 980 incorporates technology derived outside the company's Home Robot segment, Credit: iRobot Corp. Fresh on the heels of closing the sale of its Defense & Security business earlier this month, iRobot Corporation is going...
IRBT: 37.96 (-0.18), SSNI: 12.41 (-0.07)
Silver Spring Networks CEO to Deliver Keynote Address During Internet of Things World
BusinessWire - Fri Apr 08, 7:30AM CDT
Today, ahead of the 5th Annual Global Internet of Things Day, Silver Spring Networks, Inc. (NYSE:SSNI) announced that Silver Spring President and CEO, Mike Bell, will deliver a keynote address at Internet of Things World at the Santa Clara Convention Center on Tuesday, May 10 at 12:20 pm PDT. Mr. Bell will highlight the IoT opportunities for developers, entrepreneurs, and industry leaders across different verticals through Starfish(TM), Silver Spring's wireless IPv6 network service for the IoT. Starfish enables energy service providers, cities, commercial enterprises and developers to leverage service level agreements (SLAs) to access a proven, reliable, secure and scalable IoT network with over 22.9 million devices delivered to five continents.
SSNI: 12.41 (-0.07)
Silver Spring Networks Extends UK Reach for Smart City Solutions With urbancontrol
BusinessWire - Mon Apr 04, 2:01AM CDT
Silver Spring Networks, Inc. (NYSE: SSNI) today announced the continued global expansion of its smart cities and smart street lighting business with a new go-to-market partnership in the UK with urbancontrol Ltd. A new company within the DW Windsor Group which includes DW Windsor Lighting, one of the UK's leading lighting manufacturers, urbancontrol is the go-to-market launch partner for Silver Spring's smart city solutions in the UK for cities, local authorities and contractors within the rapidly expanding lighting and city asset management market. The UK is currently at the forefront of Europe for adoption of smart city technologies such as intelligent street lighting, and many analysts expect this trend to continue. According to the 'Future of Smart' report by Arup, London alone may benefit from £8.9B of total global spending for smart city technologies by 2020.
SSNI: 12.41 (-0.07)
Silver Spring Networks Expands to China for Smart Cities and Smart Lighting with Rongwen
BusinessWire - Wed Mar 23, 7:30AM CDT
Silver Spring Networks, Inc. (NYSE:SSNI) today announced a new go-to-market partner, Rongwen, for its rapidly growing smart cities and smart street lighting business. Rongwen is one of the largest smart LED street light providers and operators in China, and has deployed more than 250,000 controllable LED street lights in its home country under the Energy Performance Contracting (EPC) business model. Rongwen is also active in emerging markets across Asia and South America. Rongwen will integrate the open standards-based Silver Spring IPv6 platform in order to deliver solutions including lighting, smart city management services such as environment sensing and road monitoring applications, and advanced energy saving applications. China has the largest street lighting market in Asia Pacific with over 35 million street lights and, according to Navigant Research, the country's 13th Five-Year Plan (2016-2020) emphasizes ICT and sustainability initiatives through smart infrastructure.
SSNI: 12.41 (-0.07)
Silver Spring Networks Welcomes News of Regulatory Approval for Con Edison Advanced Metering Program
BusinessWire - Mon Mar 21, 9:00AM CDT
Silver Spring Networks, Inc. (NYSE: SSNI) today welcomes the news of the New York State Public Service Commission's (NYPSC) approval of Con Edison's Advanced Metering Infrastructure (AMI) plan. When complete, the program will connect Con Edison electric and gas customers through the deployment of Silver Spring's multi-application networking, data, and control platform. The rapid approval of the program demonstrates that the NYPSC recognizes the value of a proven, two-way smart grid program that will provide customers with a wide array of benefits and also support New York State's Reforming the Energy Vision (REV) Initiative.
SSNI: 12.41 (-0.07)
U.S. District Court Awards Over $600,000 in Costs to Silver Spring Networks in Patent Suit
BusinessWire - Wed Jul 27, 7:30AM CDT
Silver Spring Networks, Inc. (NYSE:SSNI) today announced that the United States District Court for the Eastern District of Texas has awarded Silver Spring Networks $614,150.70 in costs, to be paid by EON Corp. IP Holdings, LLC. The order follows the decision of the United States Court of Appeals for the Federal Circuit reversing a judgment from the District Court in Texas regarding patent claims covering wireless communication. Silver Spring Networks, as the prevailing party, is entitled to recovery of certain costs under the Federal Rules of Civil Procedure.
SSNI: 12.41 (-0.07)
Silver Spring Networks Expands Executive Team With New Chief Operating Officer, Ayse Ildeniz
BusinessWire - Mon Jul 18, 3:15PM CDT
Silver Spring Networks, Inc. (NYSE: SSNI) today announced the expansion of its executive team with the appointment of Ayse Ildeniz as Chief Operating Officer (COO), a new position within the company. The addition of a COO role is designed to extend Silver Spring's position as a leader in the smart grid and smart city markets and accelerate its growth. The global sales, marketing, manufacturing, product management and global delivery functions will now report to Ildeniz.
SSNI: 12.41 (-0.07)
Silver Spring Networks Opens New Silicon Valley Headquarters, Deploys Its Internet of Things Network in San Jose
BusinessWire - Thu Jun 23, 1:30PM CDT
Today, Mike Bell, President and CEO of Silver Spring Networks, Inc. (NYSE:SSNI), was joined by Sam Liccardo, Mayor of San Jose, California, executives from Pacific Gas & Electric (PG&E) and other local public officials to officially open Silver Spring's new headquarters at 230 West Tasman Drive in San Jose. With an Internet of Things (IoT) demonstration facility, Silver Spring's new headquarters is the innovation and operations focal point for its global customer base.
PCG: 64.33 (+0.18), SSNI: 12.41 (-0.07)
American Municipal Power Selects Silver Spring Networks for Advanced Metering
BusinessWire - Mon Jun 20, 3:30PM CDT
Silver Spring Networks, Inc. (NYSE:SSNI) today announced that it has been selected by American Municipal Power, Inc. (AMP) for an advanced metering infrastructure (AMI) program. AMP is a non-profit wholesale power supplier and services provider for 133 municipal electric utilities in nine states. Collectively, AMP members serve more than 645,000 customers. For the initial phase, Silver Spring will deploy its standards-based IPv6 network platform and solutions to AMP to help its member municipalities provide better customer experience and service for 60,000 electric and 30,000 water customers. Additionally, Silver Spring will deliver SilverLink Control Platform and SilverLink Applications through Software-as-a-Service to help with rapid implementation, to minimize deployment risk, and to reduce the total cost of ownership.
SSNI: 12.41 (-0.07)
Silver Spring Networks Deploys Internet of Things Platform in Ireland
BusinessWire - Thu Jun 16, 2:01AM CDT
Today at the Energy Ireland Conference 2016, Silver Spring Networks, Inc. (NYSE: SSNI) announced it has commenced a smart city and energy efficiency program in Crossmolina, County Mayo, in the West of Ireland. Silver Spring has deployed an Internet of Things (IoT) network canopy for Mayo County Council for smart street lighting, and a residential energy efficiency project for the Council, with the project being funded in part by the Sustainable Energy Authority of Ireland (SEAI), the national authority focused on leading Ireland's transition to a low carbon society through sustainable energy structures, technologies and practices. The projects leverage the award-winning technology underpinning Starfish(TM), Silver Spring's international IoT network service offering.
SSNI: 12.41 (-0.07)
Silver Spring Networks Announces CFO Transition
BusinessWire - Mon Jun 06, 3:30PM CDT
Silver Spring Networks, Inc. (NYSE: SSNI) today announced that James P. Burns, the company's Chief Financial Officer, has resigned to accept a position with another company. Mr. Burns' resignation is effective June 10, 2016.
SSNI: 12.41 (-0.07)
Silver Spring Networks Hosts Starfish(TM) 'Developer Day'
BusinessWire - Mon Jun 06, 7:30AM CDT
Silver Spring Networks, Inc. (NYSE:SSNI) today hosted its inaugural 'Developer Day' in San Jose for third parties to leverage Starfish(TM), Silver Spring's public cloud Internet of Things (IoT) network service. Starfish is a proven, reliable and secure network and data platform that will help developers, entrepreneurs, device makers, and academics support and accelerate the development of new IoT devices and services such as smart city, smart energy, resource conservation, and other applications for public and commercial use. Silver Spring's Developer Days are full-day, hands-on workshops where each participant receives a Silver Spring Starfish Hardware Developer Kit and secure access to Silver Spring's data platform. Silver Spring will host a follow-up event in San Jose on Tuesday, June 28, where participants will showcase their prototypes and compete for awards.
SSNI: 12.41 (-0.07)
Silver Spring Networks to Present at the Stifel Technology, Internet and Media Conference
BusinessWire - Thu Jun 02, 4:00PM CDT
Silver Spring Networks, Inc. (NYSE:SSNI), a leading networking platform and solutions provider for the Internet of Things, today announced its participation in the following investor conference:
SSNI: 12.41 (-0.07)
Silver Spring Networks' Applauds U.S. Court of Appeals Ruling
BusinessWire - Tue May 31, 7:30AM CDT
Silver Spring Networks, Inc. (NYSE:SSNI) today applauded the ruling by the United States Court of Appeals for the Federal Circuit, which denied motions by EON Corp. IP Holdings, LLC for a panel rehearing and hearing en banc. The court's ruling upholds its previous ruling reversing a judgment from the U.S. District Court for the Eastern District of Texas regarding patent claims covering wireless communication that had awarded approximately $13.0 million plus pre-judgment interest to EON.
SSNI: 12.41 (-0.07)
Silver Spring Networks' Executive Jim Burns Named "Bay Area CFO of the Year"
BusinessWire - Tue May 17, 4:32PM CDT
Silver Spring Networks, Inc. (NYSE:SSNI) today announced that Silver Spring Executive Vice President and CFO Jim Burns has been named "CFO of the Year - Public Company-Small" at the 11th Annual Bay Area CFO of the Year Awards. Award winners were evaluated on their responsibilities, financial performance, and direct impact on their employees and the communities, among other criteria, by their industry peers. The awards were presented by Larkin Street Youth Services, in partnership with the San Francisco Business Times, at San Francisco's Fairmont Hotel on May 12.
SSNI: 12.41 (-0.07)
Silver Spring Networks reports 1Q loss
AP - Mon May 09, 7:10PM CDT
REDWOOD CITY, Calif. (AP) — Silver Spring Networks Inc. (SSNI) on Monday reported a first-quarter loss of $18.5 million, after reporting a profit in the same period a year earlier.
SSNI: 12.41 (-0.07)
Jamaica Public Service Company Selects Silver Spring Networks for Smart Grid Program
BusinessWire - Mon May 09, 3:07PM CDT
Silver Spring Networks, Inc. (NYSE:SSNI) today announced that it has been selected by Jamaica Public Service Company Limited (JPS), an integrated electric utility company and the sole distributor of electricity in Jamaica serving over 600,000 residential and C&I customers, for its smart grid program. In line with Jamaica's National Energy Policy 2009 - 2030, which emphasizes energy conservation and efficiency goals, JPS will deploy Silver Spring's open standards-based platform and SilverLink Software-as-a-Service to help ensure better grid reliability, improve operational efficiency and drive revenue realization. The project is also expected to empower JPS customers to manage their energy costs more effectively through a web portal with more timely and granular insights into their energy use. The initial phase of the project is expected to begin this summer, targeting 21,000 homes and businesses in seven parishes across the island.
SSNI: 12.41 (-0.07)
Silver Spring Networks Announces Starfish(TM) Rollout in London
BusinessWire - Mon May 09, 3:07PM CDT
Today, ahead of Internet of Things World, Silver Spring Networks, Inc. (NYSE:SSNI) announced the latest deployment of Starfish(TM) - Silver Spring's international Internet of Things (IoT) network service - in London. Silver Spring is working with its go-to-market partner, urbancontrol, a new company within the DW Windsor Group, beginning with deployment of IoT and smart city applications for the Westminster City Council.
SSNI: 12.41 (-0.07)
Pacific Power Selects Silver Spring Networks for Advanced Metering in Northwest U.S.
BusinessWire - Mon May 09, 3:06PM CDT
Silver Spring Networks, Inc. (NYSE: SSNI) today announced that it has been selected by Pacific Power to provide the platform and solutions for an advanced metering infrastructure for approximately 600,000 homes and businesses across 180 communities in Oregon.
SSNI: 12.41 (-0.07)
Silver Spring Networks Reports First Quarter 2016 Financial Results
BusinessWire - Mon May 09, 3:05PM CDT
--43.7% non-GAAP Gross Margin
SSNI: 12.41 (-0.07)
Why iRobot Corporation is (Still) Resisting Red Mountain
Steve Symington, The Motley Fool - Motley Fool - Fri Apr 15, 10:00AM CDT
iRobot's new Roomba 980 incorporates technology derived outside the company's Home Robot segment, Credit: iRobot Corp. Fresh on the heels of closing the sale of its Defense & Security business earlier this month, iRobot Corporation is going...
IRBT: 37.96 (-0.18), SSNI: 12.41 (-0.07)
Silver Spring Networks CEO to Deliver Keynote Address During Internet of Things World
BusinessWire - Fri Apr 08, 7:30AM CDT
Today, ahead of the 5th Annual Global Internet of Things Day, Silver Spring Networks, Inc. (NYSE:SSNI) announced that Silver Spring President and CEO, Mike Bell, will deliver a keynote address at Internet of Things World at the Santa Clara Convention Center on Tuesday, May 10 at 12:20 pm PDT. Mr. Bell will highlight the IoT opportunities for developers, entrepreneurs, and industry leaders across different verticals through Starfish(TM), Silver Spring's wireless IPv6 network service for the IoT. Starfish enables energy service providers, cities, commercial enterprises and developers to leverage service level agreements (SLAs) to access a proven, reliable, secure and scalable IoT network with over 22.9 million devices delivered to five continents.
SSNI: 12.41 (-0.07)
Silver Spring Networks Extends UK Reach for Smart City Solutions With urbancontrol
BusinessWire - Mon Apr 04, 2:01AM CDT
Silver Spring Networks, Inc. (NYSE: SSNI) today announced the continued global expansion of its smart cities and smart street lighting business with a new go-to-market partnership in the UK with urbancontrol Ltd. A new company within the DW Windsor Group which includes DW Windsor Lighting, one of the UK's leading lighting manufacturers, urbancontrol is the go-to-market launch partner for Silver Spring's smart city solutions in the UK for cities, local authorities and contractors within the rapidly expanding lighting and city asset management market. The UK is currently at the forefront of Europe for adoption of smart city technologies such as intelligent street lighting, and many analysts expect this trend to continue. According to the 'Future of Smart' report by Arup, London alone may benefit from £8.9B of total global spending for smart city technologies by 2020.
SSNI: 12.41 (-0.07)
Silver Spring Networks Expands to China for Smart Cities and Smart Lighting with Rongwen
BusinessWire - Wed Mar 23, 7:30AM CDT
Silver Spring Networks, Inc. (NYSE:SSNI) today announced a new go-to-market partner, Rongwen, for its rapidly growing smart cities and smart street lighting business. Rongwen is one of the largest smart LED street light providers and operators in China, and has deployed more than 250,000 controllable LED street lights in its home country under the Energy Performance Contracting (EPC) business model. Rongwen is also active in emerging markets across Asia and South America. Rongwen will integrate the open standards-based Silver Spring IPv6 platform in order to deliver solutions including lighting, smart city management services such as environment sensing and road monitoring applications, and advanced energy saving applications. China has the largest street lighting market in Asia Pacific with over 35 million street lights and, according to Navigant Research, the country's 13th Five-Year Plan (2016-2020) emphasizes ICT and sustainability initiatives through smart infrastructure.
SSNI: 12.41 (-0.07)
Silver Spring Networks Welcomes News of Regulatory Approval for Con Edison Advanced Metering Program
BusinessWire - Mon Mar 21, 9:00AM CDT
Silver Spring Networks, Inc. (NYSE: SSNI) today welcomes the news of the New York State Public Service Commission's (NYPSC) approval of Con Edison's Advanced Metering Infrastructure (AMI) plan. When complete, the program will connect Con Edison electric and gas customers through the deployment of Silver Spring's multi-application networking, data, and control platform. The rapid approval of the program demonstrates that the NYPSC recognizes the value of a proven, two-way smart grid program that will provide customers with a wide array of benefits and also support New York State's Reforming the Energy Vision (REV) Initiative.
SSNI: 12.41 (-0.07)
