Slverspng Ntwrks (SSNI)

As of January 5, 2018, Silver Spring Networks, Inc. was acquired by Itron, Inc.Silver Spring Networks, Inc. operates as a networking platform and solutions provider for smart energy networks. Its SilverLink networking platform provides customers the ability to communicate with devices connected to the power grid. The company’s platform enables customers to use the data generated by devices on the network to provide insights for decision making. It offers solutions, including advanced metering solution, which provides utilities with two-way communication enabling utilities to remotely perform functions, such as reading meter usage, capturing time-of-use consumption data, connecting and disconnecting service, and detecting power outages; distribution automation solution that provides two-way communication from distribution devices along the power grid to the back office or substations, providing utilities with real-time information for grid monitoring and control; demand-side management solutions that consist of energy efficiency, demand response, and electric vehicle charging management; street light solutions; and Starfish, a wireless IPv6 network service for the Internet of Things. In addition, the company provides professional services that include network design and optimization, deployment support, software and systems integration, program management, consulting, and training; managed services and SaaS; and technical, network, and product support at various service levels. It markets and sells products primarily through direct sales force, as well as through third-party service providers or resellers. Silver Spring Networks, Inc. operates in the United States, Canada, Australia, New Zealand, South America, Asia, and Europe. The company was formerly known as Real Time Techcomm, Inc. and changed its name to Silver Spring Networks, Inc. in August 2002. Silver Spring Networks, Inc. was founded in 2002 and is headquartered in San Jose, California.