Itron Inc (ITRI)
Itron Inc (ITRI) is a technology company that provides solutions for energy and water resource management. Specializing in smart meters, data analytics, and utility-grade communications, Itron helps utilities and cities optimize energy and water distribution, improve operational efficiencies, and enhance customer service through innovative digital infrastructure.
Company News
Itron announced plans to acquire Urbint, a privately held software company, for $325 million in cash. The acquisition aims to enhance Itron's operational resilience solutions for utilities and infrastructure management.
Global smart meter market analysis reveals top players like Landis+Gyr, Itron, and Sagemcom leading through technological innovations and strategic partnerships, driven by rising electric vehicle adoption and renewable energy initiatives.
Itron (ITRI) concluded the recent trading session at $99.42, signifying a +1.59% move from its prior day's close.
Shares of solar, elective vehicle and fuel cell companies all rallied Monday, after the Senate approved what J.P. Morgan analyst Mark Strouse called "the largest policy change in U.S. history" to accelerate the transition away from fossil fuels.
