About This Deal

ITRON, INC. acquired Schlumberger Electricity Metering.

Schlumberger Electricity Metering operates in Electricity metering. Schlumberger Electricity Metering was, per Itron's official company history, the industry leader in solid-state electricity metering technology. Itron acquired the business in 2004, developing an integrated platform for creating and collecting meter data.

Add industry-leading solid-state electricity metering technology and build an integrated meter-data creation and collection platform.

Deal Terms

Acquirer
ITRON, INC.
Target
Schlumberger Electricity Metering
Value
Not disclosed
Date
Not disclosed
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Segment
Electricity metering

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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