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Itron Acquires Asais, Expands End-to-End Solutions Portfolio

Itron Inc. has reached an agreement to acquire Asais, an energy information management software and consulting services provider headquartered in France.

For the past 25 years, Asais has developed and implemented advanced energy information management solutions through state-of-the-art software and online services. Asais delivers competitive flexibility to every segment of the energy industry by providing customers with data collection, data analysis and smart grid management software solutions and services.

Asais' data collection software will complement Itron's field-proven meter data management and analytics systems, creating a platform for successful smart metering deployments in Europe and across the globe. In return, Itron will provide Asais opportunities for accelerated growth into international markets. Asais' consultancy expertise will afford Itron's utility customers expanded options to optimize the management of their resources.

Visit www.itron.com.

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