On May 2, 2016, Opower, the leading provider of customer engagement and energy efficiency cloud services to Utilities, announced that it has entered into a definitive agreement to be acquired by Oracle. 

Opower’s solutions enable over 100 global utilities, such as PG&E, Exelon and National Grid, to deliver a modern digital customer experience. Opower’s big data platform stores and analyzes over 600 billion meter reads from 60 million utility end customers, enabling utilities to proactively meet regulatory requirements, decrease the cost to serve, and improve customer satisfaction.

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Oracle buys Opower