Industrial Defender and Itron are working together to offer Security Event Management for Itron’s OpenWay smart meter system. Industrial Defender’s security technology will be used to manage the data from Itron’s meters, allowing Itron to provide enhanced security to electricity providers using their system.

From MSNBC, here’s what leaders at both companies had to say about the importance of the deal:

Advanced metering infrastructure has the potential to significantly transform key aspects of the utility