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Grid Net, a global leading provider of real-time, all-IP Smart Grid and Smart Home software platforms for any device and any broadband technology, today announced it will work together with Oracle to deliver advanced distribution management systems and meter data management technology to support utilities’ Smart Grid deployments aimed to improve grid reliability and enable smarter energy choices.

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Intel Corp's global investment arm Intel Capital is actively looking at additional investments in cleantech companies and could announce more deals this year, a senior executive said on Wednesday.

"We are actively looking at companies," said Steve Eichenlaub, head of Intel Capital's cleantech investments.

"In this environment where a lot of venture capitalists had to pull back, for whatever reason, ... we are seeing more companies come our way as our doors are open," he added.

Intel Capital said earlier on Wednesday that it has invested about $10 million in five cleantech companies, including energy efficiency company CPower and Grid Net, which builds software for smart meters.

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