Itron to Acquire Silver Spring Networks in Smart Grid/Smart City Mega-Merger

Greentech Media
By info@greentechmedia.comSep 18, 2017, 12:39 pm307 pts
The long rivalry between Itron and Silver Spring Networks, the country’s two major smart meter and grid networking players, is ending in marriage. On Monday, Itron announced plans to acquire all outstanding shares of Silver Spring for $16.25 per share in cash, a premium of 25 percent from Friday’s close,…

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