On 18 September 2017, U.S.-based smart metering player Itron announced the acquisition of connected solutions provider Silver Spring Networks for approximately US$830 million (net of US$118 million cash).
At the core of Itron’s interest in Silver Spring Networks lie its mesh-network technology, managed services & analytics solutions, and emerging portfolio of smart city applications.
In this Research Note, Bluefield’s water experts analyze how Itron ranks in relation to its peers, what Silver Spring Networks brings to the company, and what this deal means for digital water solutions.
For related analysis, see Bluefield’s recent Smart Water report, U.S. Smart Water: Defining the Opportunity, Market Outlook and Competitive Landscape. More Water and IoT analysis.