The terms of the agreement are confidential.
TransData's Smart Electric Meter Patents cover pioneering technology invented by TransData that enables equipping a digital electric meter with an internal wireless "under-glass" communication circuit and antenna. Digital electric meters equipped with TransData's patented technology are commonly known as "smart meters" or "advanced metering infrastructure."
"We are extremely pleased to have signed yet another patent license agreement," said Trace Gleibs, president of TransData. "Aclara joins a long list of companies that have sought and obtained a license to TransData's Smart Electric Meter Patents."
Aclara Technologies joins numerous Smart Electric Meter Patent licensees including General Electric, Sensus Metering, Vision Metering, The Southern Company, Alabama Power, Georgia Power, Gulf Power and Mississippi Power among others.
TransData's Smart Meter Patents are the subject matter of patent enforcement actions currently pending against smart meter manufacturers Itron Inc. and Landis+Gyr (an independent growth platform of the Toshiba Corporation and 40 percent owned by the Innovation Network Corporation of Japan) as well as several utilities, including Oncor Electric Delivery, CenterPoint Energy, CoServ and Denton Municipal Electric. The first trial relating to TransData's lawsuits is scheduled for July 18 in Tyler.
Attorneys Jamie McDole at Haynes and Boone, LLP and Greg Parker at Hitt Gaines, P.C., represented TransData in the licensing deal.