In December, Consert said it was in advanced talks with undisclosed potential buyers for an acquisition before the end of the year, according to news provider CleanTech Group.

Toshiba, a Japan-based electronics group, has emerged as the acquirer of Consert, a US-based energy management company formerly known as Cleartricity.

In December, Consert said it was in advanced talks with undisclosed potential buyers for an acquisition before the end of the year, according to news provider CleanTech Group.

Toshiba said Consert’s North American operations would be integrated with its subsidiary, Landis+Gyr, a provider of integrated energy management products.

Consert had raised $7m in October 2011 and a further $5m…