On the Record · Itron
Itron acquisitions, on the record
The businesses Itron bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Schlumberger Electricity MeteringWord for word“Incorporated in 1977 with a focus on meter reading services and technology, we entered the electricity meter manufacturing business with the acquisition of Schlumberger Electricity Metering in 2004.” 10-K for 2023 | acquisition | 2004 | — |
Actaris Metering Systems SAWord for word“In 2007, we expanded our presence in global meter manufacturing and systems with the acquisition of Actaris Metering Systems SA.” 10-K for 2023 | acquisition | 2007 | — |
ComvergeWord for word“In 2017, we completed our acquisition of Comverge, which e nabled us to offer integrated cloud-based demand response, energy efficiency, and customer engagement solutions.” 10-K for 2023 | acquisition | 2017 | — |
SSNI (Silver Spring Networks, Inc.)Word for word“Mr. Marcolini joined Itron in January 2018 as part of Itron's acquisition of SSNI as the Vice President of product management, responsible for product strategy and lifecycle management across Itron's smart energy, smart city and IIoT portfolios.” 10-K for 2023 | acquisition | January 2018 | — |
Actaris S.p.A. (Actaris)Word for word“In conjunction with the Actaris S.p.A. (Actaris) acquisition in April 2007, Itron assumed Actaris's environmental cleanup liability and the related legal recourse for the Frosinone site in Italy.” 10-K for 2023 | acquisition | April 2007 | — |
SELC Group Limited (SELC)Word for word“On October 12, 2021, we completed the acquisition of 100 % of the shares of SELC Group Limited (SELC), a private limited company incorporated in Ireland.” 10-K for 2023 | acquisition | October 12, 2021 | — |
Elpis2, Inc. (Elpis Squared)Word for word“Business Acquisition On March 1, 2024, we completed the acquisition of 100% of the shares of Elpis2, Inc. (Elpis Squared), a privately held software and services company.” 10-K for 2024 | acquisition | On March 1, 2024 | — |
Silver Spring Networks, Inc.Word for word“In 2018, we strengthened our ability to deliver a broader set of solutions and increased our pace of growth and innovation in the utility, smart city, and broader IIoT markets with the acquisition of Silver Spring Networks, Inc.” 10-K for 2024 | acquisition | In 2018 | — |
Locusview, Ltd. and subsidiariesWord for word“On November 14, 2025, we entered into a Share Purchase Agreement (the Agreement) to acquire 100% of the outstanding equity of Locusview, Ltd. and subsidiaries (collectively, Locusview) a privately held utility-focused software and services company that is based in the United States and Israel.” 10-K for 2025 | agreed acquisition | November 14, 2025 | — |
Urbint, Inc.Word for word“On November 3, 2025, we completed the acquisition of 100 % of the outstanding equity of Urbint, Inc. (Urbint) a privately held software and services company, based in Florida, serving utilities.” 10-K for 2025 | acquisition | November 3, 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $951,000 | — | — |
| 2017-12-31 | $99.4 million | — | $59.7 million |
| 2018-12-31 | $803.1 million | — | $575.8 million |
| 2019-12-31 | $0 | $0 | $569.8 million |
| 2020-12-31 | $0 | $1.1 million | — |
| 2021-12-31 | $8.7 million | $3.1 million | $5.4 million |
| 2022-12-31 | −$23,000 | $55.9 million | — |
| 2023-12-31 | $0 | — | — |
| 2024-12-31 | $34.1 million | — | $19.3 million |
| 2025-12-31 | $325 million | — | $254.9 million |
Deal filings since 2016
- 2026-02-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-11-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-09-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-06-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-10-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-02-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-03-22 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-01-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-12-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-10-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-09-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Itron’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.