Infrax Buys Southern Power and Controls
Infrax Systems has completed the purchase of Southern Power & Controls Corporation (SP&C). The acquisition gives Infrax security and control systems for its portfolio of utility and smart grid related products and services. The transaction is expected to close by the end of the next quarter.
The acquisition of SP&C is the first of several planned acquisitions by Infrax that focus on implementation and human capital. The company plans to expand SP&C’s reach both domestically and globally through acquisition, as well as organic growth. The new implementation business unit, including SP&C, will be led by SPC’s founder and President, William Barry.
Barry says, “The opportunity to combine our operations with Infrax provides the new entity with a wide range of opportunities in the energy sector and opens doors for both products and service.”
Infrax reports that its Secure Network Interface Card (SNIC) has been designed with security as its first priority and communications as its second. “The SNIC incorporates the latest in both encryption and authentication technologies, providing Utilities with future proof secure technology.”
The acquisition of SP&C enables Infrax to provide utilities with design and implementation support in addition to the supply of hardware and software systems. SPC’s expertise in power generation, transmission systems and control automation, also allows Infrax to provide complete electrical implementation services to their utility customers.
Infrax Chief Executive Officer Paul Aielo notes: “Bill and the SP&C team have created a template for operational excellence and a corporate culture that will be used to set the standard for our operations as we grow and potentially acquire additional companies.”
Infrax Systems provides a unified solution for communications and applications management of the Smart Grid.