Echelon Corp (NASDAQ:ELON)

Data as of 3:51pm ET
 +0.04 / +2.84%
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Electronic Technology
Computer Communications

Company Description

Echelon Corp. is a pioneer in developing open-standard control networking platforms and delivers elements necessary to design, install, monitor and control highly reliable, scalable and secure communities of devices. The company's platform powers energy-savings applications for smart grid, smart cities and smart buildings that help customers save on their energy usage, reduce outage duration or prevent them from happening entirely, reduce carbon footprint and more. The company operates through two business segments: Industrial Internet of Things and Grid Modernization. The Industrial Internet of Things segment represents horizontal embedded control platforms, such as LONWORKS and IzoT, which include components, control nodes and development software. These products are typically sold to original equipment manufacturers to build into their industrial application solutions. The Grid Modernization segment focuses on Echelon's forward-integrated products such as smart meters, devices, and software that allow electric utilities to modernize their methods for collecting billing data and vital statistics on the health and performance of their smart grid. Echelon was founded by Armas Clifford Markkula, Jr. in February 1988 and is headquartered in San Jose, CA.

Contact Information

Echelon Corp.
550 Meridian Avenue
San Jose California 95126
P:(408) 938-5200
Investor Relations:



Individual stakeholders28.32%
Other institutional13.50%
Mutual fund holders10.37%

Top Executives

Ronald A. SegeChairman, President & Chief Executive Officer
Russell HarrisSenior Vice President-Operations
William R. SlakeyChief Financial Officer & Executive Vice President
Sohrab ModiChief Technology Officer
Michael T. AndersonSenior Vice President & GM-Grid Modernization

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