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M&A Deal Summary

Itron Acquires Locusview

On November 17, 2025, Itron acquired information technology company Locusview for 525M USD

Acquisition Highlights
  • This is Itron’s 2nd transaction in the Information Technology sector.
  • This is Itron’s 3rd largest (disclosed) transaction.
  • This is Itron’s 9th transaction in the United States.
  • This is Itron’s 1st transaction in Illinois.

M&A Deal Summary
Date 2025-11-17
Target Locusview
Sector Information Technology
Buyer(s) Itron
Deal Type Add-on Acquisition
Deal Value 525M USD

Target

Locusview

Chicago, Illinois, United States
Locusview is a Digital Construction Management (DCM) platform tailored for utility infrastructure projects. The company’s software enables real-time, high-fidelity data capture from field crews using GPS and barcode scanning, streamlining workflows across planning, construction, and close-out. It integrates directly with GIS and enterprise systems. Locusview aims to improve data quality, reduce risk, accelerate project close-out, and enhance operational visibility. Locusview is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Itron

Liberty Lake, Washington, United States
Category Company
Founded 1977
Sector Test/Measurement Equipment
Employees5,040
Revenue 2.4B USD (2024)
DESCRIPTION
Itron's headquarters located in Liberty Lake, Washington.
Itron's headquarters located in Liberty Lake, Washington.

Itron is a technology and services company dedicated to the resourceful use of energy and water. The company provides comprehensive solutions that measure, manage,e and analyze energy and water. Itron was founded in 1977 and is based in Liberty Lake, Washington.

DEAL STATS #
Overall 12 of 12
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 12 of 12
State: Illinois M&A 1 of 1
Country: United States M&A 9 of 9
Year: 2025 M&A 2 of 2
Size (of disclosed) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-06 Urbint

Miami Beach, Florida, United States

Urbint is an operator of an AI platform for predicting and stopping threats to critical infrastructure and workers. Urbint predicts threats to workers and critical infrastructure to stop incidents before they happen. Urbint is based in Miami Beach, Florida.

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