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Itron (ITRI) to Acquire Comverge for Approximately $100M

Go back to Itron (ITRI) to Acquire Comverge for Approximately $100M

Itron Poised to Drive New Grid and Customer Experience Solutions with Comverge Acquisition

May 8, 2017 8:00 AM EDT

Comverges demand response, energy efficiency and customer engagement solutions complement Itrons strategy to provide more value to utilities and their customers

Itron to host webcast today at 12:00 p.m. EDT to discuss the transaction

LIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, announced today that it has signed a definitive agreement to acquire privately held Comverge by purchasing its parent company, Peak Holding Corp., in a cash transaction... More