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The latest update is out from Itron Inc (ITRI).
Itron, Inc., a key player in the utility industry, has completed the strategic acquisition of Elpis2, Inc., a California-based software and services company specializing in utility grid analytics. This $35 million purchase, funded from Itron’s cash reserves, promises to bolster Itron’s Outcomes offerings by integrating Elpis Squared’s advanced operational platforms and services, marking a significant enhancement in Itron’s service capabilities.
See more insights into ITRI stock on TipRanks’ Stock Analysis page.