Itron Signs Definitive Agreement to Acquire Locusview, Ltd.
Itron (NASDAQ: ITRI) signed a definitive agreement to acquire Locusview for $525 million, with the deal expected to close in January 2026. The purchase will be funded with cash on hand.
The acquisition adds Locusview’s digital construction management SaaS platform and services to Itron’s Resiliency Solutions, aiming to scale operations and accelerate field-to-boardroom real-time workflows for utilities and critical infrastructure providers.
The companies expect the combination to expand Itron’s software capabilities and support faster grid build-out and operational efficiency.
Itron (NASDAQ: ITRI) ha firmato un accordo definitivo per acquisire Locusview per 525 milioni di dollari, con la chiusura dell'operazione prevista per gennaio 2026. L'acquisto sarà finanziato con liquidità disponibile.
La acquisizione aggiunge alla piattaforma SaaS di gestione digitale della costruzione di Locusview e ai servizi alle Soluΰni di Resilienza di Itron, con l'obiettivo di scalare le operazioni e accelerare i flussi di lavoro in tempo reale dal campo al consiglio di amministrazione per utility e fornitori di infrastrutture critiche.
Le aziende si aspettano che la combinazione estenda le capacità software di Itron e supporti una rapida espansione della rete e l'efficienza operativa.
Itron (NASDAQ: ITRI) firmó un acuerdo definitivo para adquirir Locusview por 525 millones de dólares, y se espera que el cierre de la operación sea en enero de 2026. La compra se financiará con efectivo disponible.
La adquisición añade a la plataforma SaaS de gestión digital de la construcción de Locusview y a sus servicios a las Soluciones de Resiliencia de Itron, con el objetivo de escalar las operaciones y acelerar los flujos de trabajo en tiempo real de campo a sala de juntas para utilities y proveedores de infraestructura crítica.
Se espera que la combinación amplíe las capacidades de software de Itron y apoye una construcción de la red más rápida y una mayor eficiencia operativa.
Itron (NASDAQ: ITRI)는 Locusview를 5억 2500만 달러에 인수하기로 하는 확정 계약을 체결했으며, 거래는 2026년 1월에 마감될 것으로 예상됩니다. 매수는 현금 보유로 자금을 조달합니다.
인수로 Locusview의 디지털 건설 관리 SaaS 플랫폼과 서비스가 Itron의 Resiliency Solutions에 더해져 운영 규모를 확장하고 현장-이사회실 간 실시간 워크플로를 가속화하여 유틸리티 및 중요 인프라 공급자에게 제공될 예정입니다.
양사는 이 통합이 Itron의 소프트웨어 역량을 확대하고 그리드 구축을 더 빠르게 하고 운영 효율성을 높일 것으로 기대합니다.
Itron (NASDAQ: ITRI) a signé un accordement définitif pour acquérir Locusview pour 525 millions de dollars, et la finalisation de l'opération est prévue en janvier 2026. L'achat sera financé en liquidités.
Cette acquisition ajoute à la plateforme SaaS de gestion numérique de la construction de Locusview et à ses services aux Solutions de Résilience d'Itron, dans le but de faire évoluer les opérations et d'accélérer les flux de travail en temps réel du terrain à la salle du conseil pour les services publics et les fournisseurs d'infrastructures critiques.
Les entreprises estiment que la combinaison étendra les capacités logicielles d'Itron et soutiendra un déploiement du réseau plus rapide et une efficacité opérationnelle.
Itron (NASDAQ: ITRI) hat eine abschließende Vereinbarung unterzeichnet, Locusview für 525 Millionen Dollar zu übernehmen; der Abschluss der Transaktion wird voraussichtlich im Januar 2026 erfolgen. Der Kauf wird mit vorhandenem Bargeld finanziert.
Die Übernahme ergänzt die digitale Baumanagement-SaaS-Plattform von Locusview und deren Dienstleistungen zu Itrons Resiliency Solutions, mit dem Ziel, die Betriebsabläufe zu skalieren und Echtzeit-Workflows vom Feld bis zum Vorstand für Versorgungsunternehmen und Betreiber kritischer Infrastrukturen zu beschleunigen.
Die Unternehmen erwarten, dass die Kombination Itrons Software-Fähigkeiten erweitert und den Netzbau beschleunigt sowie die operative Effizienz verbessert.
Itron (NASDAQ: ITRI) وقّعت اتفاقاً نهائياً لشراء Locusview مقابل 525 مليون دولار، ومن المتوقع أن تُغلق الصفقة في يناير 2026. سيتم تمويل الشراء من النقد المتاح.
تضيف الصفقة منصة SaaS لإدارة البناء الرقمي من Locusview وخدماتها إلى حلول المرونة لدى Itron، بهدف توسيع العمليات وتسريع تدفقات العمل من الميدان إلى قاعة المجلس للمرافق ومقدمي البنية التحتية الحيوية.
تتوقع الشركات أن يساعد الدمج في توسيع قدرات البرمجيات لدى Itron ودعم بناء الشبكات بشكل أسرع وكفاءة تشغيلية أعلى.
- $525 million acquisition price
- Expected close in January 2026
- Adds enterprise-scale digital construction management SaaS
- Expands Itron Resiliency Solutions product set
- Transaction funded from cash on hand reducing liquidity by $525 million
- Integration risks for combined software and services platforms
Insights
Itron is acquiring Locusview for
**Itron** buys a utility-focused, SaaS construction-management platform. The deal expands Itron's Resiliency Solutions and brings a real-time, enterprise workflow into its product set.
Key dependencies and risks include successful integration of Locusview's team and technology, and preserving the platform's customer trust during the transition. The purchase is funded from cash on hand, which avoids immediate dilution but reduces liquidity available for other uses.
Watch for integration milestones and customer retention metrics through the next quarter, and for the announced closing in
LIBERTY LAKE, Wash., Nov. 17, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today the signing of a definitive agreement to acquire Locusview, Ltd. and subsidiaries (“Locusview”), a privately held utility-focused software and services company that is based in the United States and Israel. The purchase price for the acquisition is
“Locusview’s digital construction management platform further expands Itron’s Resiliency Solutions offerings to our customers,” commented Tom Deitrich, Itron’s president and CEO. “Locusview’s scalable SaaS based business is purpose-built and helps critical infrastructure providers improve the productivity and management of construction projects. Given the need to dramatically increase grid build out and the efficiency of operations, the combination of Itron and Locusview creates an exciting platform for the future. We look forward to welcoming Shahar and his team to Itron and accelerating the growth of this innovative platform.”
Shahar Levi, co-founder and CEO of Locusview, remarked, “I’ve had the privilege of watching our team turn an idea into an industry-focused and category leading platform that is now trusted across the utility industry. We set out to pioneer digital construction management — to give operators of critical infrastructure a tool built for their world, one that brings planning, execution, and close-out into a single, real-time, enterprise-scale workflow. This acquisition marks a pivotal moment for Locusview and our customers where we can scale our operations and accelerate our mission to support the critical needs of infrastructure providers globally. We share Itron’s vision for a connected, intelligent, and sustainable network. Together, we will empower utilities to plan smarter, build faster, and operate safer - with real-time data driving every decision from the field to the boardroom. We are poised to drive the next wave of digital transformation in how the grid and networks that power our daily lives are built, maintained, and modernized.”
About Itron
Itron is transforming how the world manages energy, water and city services. Our trusted intelligent infrastructure solutions help utilities and cities improve efficiency, build resilience and deliver safe, reliable and affordable service. With edge intelligence, we connect people, data insights and devices so communities can better manage the essential resources they rely on to live and thrive. Join us as we create a more resourceful world: www.itron.com.
Itron® and the Itron Logo are trademarks of Itron, Inc. in the United States and other countries and regions. All third-party trademarks are property of their respective owners, and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.
About Locusview
Locusview’s mission is to empower critical infrastructure providers to scale construction operations and optimize their capital investments. We provide an enterprise-scale Digital Construction Management platform to infrastructure operators to scale capital projects by automating the capture of high-precision data in real-time in the field to provide visibility, automate close out, and bridge the gap between design and systems of record. To learn more about Locusview, visit: https://www.locusview.com/.
For additional information, contact:
Itron, Inc.
Paul Vincent
Vice President, Investor Relations
512-560-1172
Investors@itron.com
Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
PR@Itron.com
Additional Resources
- LinkedIn: https://linkedin.com/company/itroninc
- X: https://x.com/ItronInc
- Newsroom: https://na.itron.com/newsroom
- Blog: https://blogs.itron.com
FAQ
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