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.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Itron Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9576499-en) on November 17, 2025, and is solely responsible for the information contained therein.
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