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Monday, February 27, 2012

Itron to aquire SmartSynch

Liberty Lake based energy utility meter manufacturer,Itron who's products are made at several factorys thruout the world for accounts from our own local Avista Utilites up to a large water meter contract Itron secured not long ago for the city of Delhi,India , Has announced they will aquire a company called SmartSynch for $100 million dollars,SmartSynch is a provider of point to point smart grid and cellular solutions and both plan to have the aquision deal closed by the 2nd quarter of this year.SmartSynch is based in Jackson,Ms. and the 2 companies have partnered together in the past.