Nov. 21 at 1:56 PM
$ITRI makes a strategic move with a
$525M acquisition of Locusview! 📈
This deal enhances Itron’s Resiliency Solutions portfolio with advanced utility construction management capabilities, and is expected to close in January 2026. Yet, macro pressures weigh in, with softer near-term demand and a trimmed 2025 revenue outlook.
Full impact and future prospects here 👉 https://www.zacks.com/stock/news/2794237/itri-boosts-resiliency-solutions-portfolio-with-525m-locusview-buyout?cid=sm-stocktwits-2-2794237-body-22006&ADID=SYND_STOCKTWITS_TWEET_2_2794237_BODY_22006