OREANDA-NEWS. Toshiba Corporation today announced that it has acquired privately-held Consert Inc., an intelligent energy management company that converts electric consumption in homes and small businesses into cost-effective clean sources of capacity and energy reserves for utilities.

The purchase makes Consert a Toshiba subsidiary that will enhance Toshiba Group's smart community business in the United States. Operations in North America will be integrated with Landis+Gyr, the leading global provider of integrated energy management products and a Toshiba Group company.

Consert, through its Virtual Peak Plant (VPP) offering, is able to deliver a fully-integrated, intelligent load management solution for utilities. VPP provides improved forecasting and capacity management, real-time outage management information, remote service connections and significantly improves customer service as well as end-consumer communications and energy efficiency.