Itron has signed a definitive agreement to acquire Locusview, Ltd. and its subsidiaries, a privately held software and services company focused on utilities, for $525 million in cash. Locusview, based in the United States and Israel, offers a digital construction management platform designed to help critical infrastructure providers improve the productivity and management of construction projects. The transaction is expected to close in January 2026. According to Locusview's CEO, the acquisition will enable the company to scale operations and accelerate its mission to support infrastructure providers globally. Itron's leadership highlighted that the addition of Locusview will expand its Resiliency Solutions offerings and help drive digital transformation in utility operations.