ITRON, INC. acquired Locusview, Ltd. for $525 million (preliminary), a transaction completed in January 2026, structured as all cash (Share Purchase Agreement; funded through cash on hand).
Locusview, Ltd. operates in Digital construction management / utility SaaS, is based in United States and Israel. Locusview, Ltd. and subsidiaries was a privately held utility-focused software and services company based in the United States and Israel. Its scalable SaaS digital construction management platform helps critical infrastructure providers improve the productivity and management of construction projects, expanding Itron's Resiliency Solutions offerings.
Locusview's digital construction management platform further expands Itron's Resiliency Solutions offerings to our customers. Given the need to dramatically increase grid build out and the efficiency of operations, the combination of Itron and Locusview creates an exciting platform for the future.
Construction-management SaaS positions Itron to capitalize on accelerating grid build-out, deepening the new Resiliency Solutions segment. Itron Resiliency Solutions segment
Locusview's digital construction management platform further expands Itron's Resiliency Solutions offerings to our customers. Locusview's scalable SaaS based business is purpose-built and helps critical infrastructure providers improve the productivity and management of construction projects.Tom Deitrich, President and CEO, Itron, Inc.
Advisory firms were not disclosed for this transaction.