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Hubbell to Acquire Aclara in $1.1 Billion Deal to Boost Smart Grid Business

Aclara helps utilities predict, plan and respond to conditions, improve operational efficiency and promote resource conservation to customers.

Hubbell Inc., Shelton, CT, has entered into a definitive agreement to acquire Aclara Technologies LLC, an affiliate of Sun Capital Partners, Inc. for approximately $1.1 billion in an all-cash transaction.

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TAGS: Utility
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