The transaction expands Itron’s software suite, positioning it to capture growing demand for digital construction and asset‑management tools in the utilities sector and enhancing its competitive edge against rivals such as Schneider Electric and Siemens.
Itron, Inc., a NASDAQ‑listed infrastructure solutions provider, announced the acquisition of Locusview, a utility‑focused software and services firm. The $525 million deal expands Itron's portfolio with Locusview's enterprise‑scale digital construction management platform for infrastructure operators.
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