Itron to acquire Locusview for $525M in cash; close expected Jan 2026

ITRON, INC.

Purchase price of $525 million funded from cash on hand; working capital adjustments post-close.
Transaction expected to close in early January 2026.
Locusview provides digital construction management SaaS for utilities in US and Israel.
Acquisition enhances Itron's Resiliency Solutions for grid and infrastructure customers.
Locusview is privately held; co-founder Shahar Levi and team to join Itron.

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