A new report by Innovation Observatory, more than $378 billion will be collectively invested in building electricity smart grids by 2030. Sources: Http://Xrl.Us/Bii2sf http://xrl.us/bigqfh

Monday, December 11, 2006

BPL Global Expands European Presence thru acquisition of France-based Euro Connect

Monday December 11, 8:30 am ET
BPL Global Acquires Euro Connect to Grow and Strengthen Leadership Position in Europe by Accelerating Smart Grid Development and Adding a Managed Services Offering


PITTSBURGH, Dec. 11 /PRNewswire/ -- BPL Global(TM), Ltd., an international leader in "Smart Grid" technologies and broadband services over power lines (BPL), announced today its acquisition of Euro Connect SA. Through the terms of the deal, the Euro Connect team will continue as a reliable broadband service and solution provider to existing customers in Europe and Africa. BPL Global will accelerate business development in Europe, the largest consumer market in the world. This acquisition is the next step in the company's global expansion strategy. Pascal Julienne, CEO of Euro Connect, is appointed Executive Director BPL Global Europe. The Euro Connect headquarters outside of Paris in Le Mans, France will become the European headquarters of BPL Global.

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