Itron, Inc. expands Grid Edge Intelligence portfolio with the acquisition of Elpis Squared
Acquiring Company
Itron
Acquired Company
Elpis Squared
Liberty LakeUnited StatesWaterSmart CitiesUtilitiesEnergyRenewable EnergyDescription
Itron, Inc. (NASDAQ: ITRI), a global leader in energy, water, smart city, IIoT, and intelligent infrastructure services, announced the acquisition of Elpis Squared, a provider of innovative software and services for utility grid operations. This acquisition will strengthen and complement Itron’s solutions, adding expertise in grid planning, operations, and engineering to Itron’s Grid Edge Intelligence portfolio, enabling utilities to accelerate how they operationalize next-generation, high-resolution data to address the energy transition.
Quick answer
Itron is acquiring Elpis Squared, announced March 5, 2024. Itron is based in Liberty Lake, Washington, United States.
- How much did Itron pay for Elpis Squared?
- The deal value was not disclosed.
- What does Itron do?
- Itron, Inc. is a proven global leader in energy, water, smart city, IIoT and intelligent infrastructure services.
- Where are Itron and Elpis Squared based?
- Itron is based in Liberty Lake, Washington, United States. Elpis Squared is based in United States.
- Who are the decision-makers at Itron?
- Fundz holds 1 contact at Itron. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Elpis Squared?
Elpis Squared was acquired by Itron, based in Liberty Lake. The deal was reported on March 5, 2024. Itron, Inc. is a proven global leader in energy, water, smart city, IIoT and intelligent infrastructure services. Itron is publicly traded (ITRI) and operates in Water.
When did Itron acquire Elpis Squared?
Itron's acquisition of Elpis Squared was reported on March 5, 2024. Itron, Inc. (NASDAQ: ITRI), a global leader in energy, water, smart city, IIoT, and intelligent infrastructure services, announced the acquisition of Elpis Squared, a provider of innovative software and services for utility grid operations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Elpis Squared do?
Elpis Squared, founded in 2013 and headquartered in Newport Beach, CA, is modernizing the electric distribution grid by providing innovative, cost-effective management and optimization solutions to utilities. It is privately held, operating in Energy, and is based in United States.
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