GridSense, a provider of advanced monitoring systems that support distribution automation and grid operations of electric utilities worldwide, has acquired the assets of On-Line Monitoring Inc.
Based in Exton, Pennsylvania, OMI is a manufacturer of on-line substation monitoring equipment. A provider of monitoring of transformer bushings, OMI offers products that provide continuous online testing and measurement of critical substation assets. The data accumulated from OMI's systems provide utilities with the necessary and actionable information to prevent failures that can result not only in forced outages but also in the collateral damage of other equipment in the substation environment.
Lindon Shiao, CEO of GridSense, said, "OMI has capabilities that complement our offerings, especially the Transformer IQ, GridSense's comprehensive transformer monitoring platform. In addition to reaching new markets for their products through GridSense's extensive global customer base and distribution network, OMI will add critical know-how for new product development and key personnel to buttress the GridSense team."
Jeff Benach, president of OMI, will join GridSense to help develop new on-line monitoring products for the electric utility market and oversee production of the online bushing and transformer monitoring products. Benach selected GridSense as a partner based on the flexibility, capability, and cost advantage of the transformer IQ. "When paired together, OMI's PFLive Plus and GridSense's Transformer IQ provide a powerful monitoring tool that will alert the utility engineer when a transformer has a problem. This technology provides an excellent and cost-effective solution for determining the health and loading of a transformer without taking it out of service to test it."