Deals Counterparts

Itron acquires Urbint

Acquisition Grid announced United States Nov 3, 2025
USD325M
Deal Value

Itron acquired Urbint, which provides AI-driven solutions for emergency preparedness, damage prevention and worker safety, to strengthen its utility-resiliency strategy.

Deal Analysis

Itron's acquisition of Urbint is a strategic move to bolster its utility-resiliency offerings through AI-driven solutions. Urbint's expertise in emergency preparedness, damage prevention, and worker safety complements Itron's existing portfolio of energy and water resource management solutions. This acquisition suggests Itron is prioritizing advanced technologies to enhance the operational efficiency and safety of utility infrastructure, potentially creating a more comprehensive and integrated service offering for its clients. The inclusion of Locusview as a seller, alongside Urbint, suggests a broader transaction involving multiple entities within the same ecosystem, though further details are needed to fully understand Locusview's role.
  • Itron, a major player in utility solutions, acquires Urbint to enhance its grid technology offerings.
  • The acquisition focuses on AI-driven solutions for emergency preparedness and damage prevention.
  • The deal involves multiple sellers, including Urbint and Locusview.
  • This acquisition strengthens Itron's position in the utility-resiliency market.
Market Context: The grid technology sector is experiencing increased investment and innovation, driven by the need for more resilient, efficient, and safe utility infrastructure. AI and data analytics are playing a crucial role in optimizing grid operations and preventing costly disruptions.

Source Intelligence

KEY DETAILS

The Urbint acquisition closed on Nov. 3, 2025. Quote: Revenues of $3 million reflected partial-quarter contribution from the Urbint acquisition, which closed on Nov. 3, 2025.

Deal Size
The sequential downside stemmed mainly from the $325 million Urbint acquisition and $100 million in share buybacks, partly offset by free cash flow strength.
PARTIES MENTIONED IN SOURCE
I
Itron buyer

"During the quarter, to strengthen its utility-resiliency strategy, Itron acquired Urbint, which provides AI-driven solutions for emergency preparedness, damage prevention and worker safety, and Locusview, whose digital construction platform streamlines projects from planning through close-out by capturing as-built infrastructure in the field."

U
Urbint seller

"During the quarter, to strengthen its utility-resiliency strategy, Itron acquired Urbint, which provides AI-driven solutions for emergency preparedness, damage prevention and worker safety, and Locusview, whose digital construction platform streamlines projects from planning through close-out by capturing as-built infrastructure in the field."

L
Locusview seller

"During the quarter, to strengthen its utility-resiliency strategy, Itron acquired Urbint, which provides AI-driven solutions for emergency preparedness, damage prevention and worker safety, and Locusview, whose digital construction platform streamlines projects from planning through close-out by capturing as-built infrastructure in the field."

high quality Enriched Feb 19, 2026

Timeline

Announced
Nov 3, 2025
Signed
Closed

Market Context

This deal is part of the Grid sector in United States.
15
Grid deals
565
deals in United States
1 of 15 Grid deals tracked this month · Updated daily

Stay informed

Weekly infrastructure deal intelligence — PPAs, acquisitions, data centers, and more.

Subscribe to Newsletter