Market Overview

Itron Acquires C&N GasGate Technology to Enhance Smart Gas Distribution Systems

Share:

Itron, Inc. (NASDAQ: ITRI) announced today it acquired C&N Engineering's GasGate technology to augment its gas solutions by adding remote gas shut-off capabilities to its product portfolio. This specialized shut-off valve can be used in conjunction with Itron's gas technology around the world to improve gas distribution reliability and safety. Whether the gas utility is using an Itron drive-by or network system, the wireless shut-off valve can be utilized to turn off gas remotely in emergency or potentially hazardous situations.

Posted-In: News M&A

 

Related Articles (ITRI)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→