GE, Fuji Electric Create Smart Grid Venture "GE Fuji Meter Ltd"
Fuji and GE have created a new Smart Grid solution company (GE Fuji Meter Ltd) to provide smart grid technology to the Japanese market. According to both companies the joint venture is to design, build, market and service a new generation of electric meters, supporting Japan’s advancement to a smart grid infrastructure. The joint venture was finalized on February 1, 2011 and they have selected GE Energy’s Daniel T. Nakano to head the new venture.