Smart Earth Technologies Acquired By CrescoNet

Carlsbad-based Smart Earth Technologies (SET), a developer of LTE and 5G products for the water utility market, has been acquired by San Francisco-based CrescoNet. Financial terms of the acquisition were not announced. According to the companies, SET sells battery-operated, cellular endpoint transceivers and valves, installation tools, LTE network infrastructure, and software for meter and customer management. The two said that SET has delivered its products to more than 100 water utilities and advanced metering infrastructure providers worldwide.