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Itron Signs Agreement To Acquire Locusview For $525M

Author: Benzinga Newsdesk | November 17, 2025 08:37am

Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today the signing of a definitive agreement to acquire Locusview, Ltd. and subsidiaries ("Locusview"), a privately held utility-focused software and services company that is based in the United States and Israel. The purchase price for the acquisition is $525 million and will be funded through cash on hand. The transaction is expected to close during January of 2026.

Posted In: ITRI


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