Energy technology company Itron is to acquire industrial internet of things company Silver Spring Networks for more than $800 million.
The two companies have signed a definitive agreement for Itron to acquire all outstanding shares of Silver Spring for $16.25 per share in cash.
The transaction is valued at approximately $830 million, net of $118 million of Silver Spring’s cash. [Read more…] about Itron buys Silver Spring Networks for close to a billion dollars
