GreenWave Reality announced an extension of its partnership with E.ON SE to deliver smart home services across Europe and help residences achieve more comfort, security, and energy efficiency. The expanded partnership allows E.ON SE to license GreenWave technology, including hardware, software and GreenWave hosting and cloud services, and gain a smart home infrastructure to drive development of a wide range of consumer-facing energy management applications including solar, home automation, and connected lighting. The advanced management capabilities in the GreenWave platform, such as self-healing, help to reduce costs to deploy and manage the new services, improving customer adoption and increasing profitability.

The two companies will work jointly with E.ON's regional units across Europe for their local market knowledge and expertise to develop and test commercial off-the-shelf products, which will be deployed and managed in the home through the E.ON branded Smart Home platform. The partnership provides E.ON's regional units with an opportunity to expand their portfolio of products and services personalized to their customer base, resulting in new revenue streams and expanded opportunities to serve their customers. E.ON selected GreenWave Home2Cloud as the development platform of choice after a vigorous two-year trial utilizing GreenWave powered smart home technology saw measurable results in terms of energy savings and better understanding of energy consumption.

The rollout of this program is expected to begin in the first half of 2014.