Itron to acquire Urbint for $325M in cash, expected close Q4 2025

ITRON, INC.

Purchase price $325M, funded from cash on hand.
Urbint is a privately held AI-powered operational resilience software company serving utilities.
Transaction expected to close in Q4 2025.
Urbint's solutions enhance Itron's offerings for aging infrastructure and extreme weather.
Urbint CEO Corey Capasso said the acquisition accelerates Urbint's mission.

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