Itron completes acquisition of SELC Group Limited; streetlight controls tech added to Smart Cities platform

ITRON, INC.

Acquired 100% of SELC Group Limited from Sensus Metering Systems on Oct 12, 2021.
SELC was a former technology supplier; its streetlight controls will integrate with Itron's Smart Cities network.
Purchase funded with cash on hand; transaction deemed not material for disclosure purposes.
Acquisition aims to accelerate Smart City growth in Itron's Networked Solutions business.

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