# Itron

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American technology company

For the software project, see [ITRON project](/source/ITRON_project).

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Itron, Inc. Type Public Traded as Nasdaq: ITRI S&P 600 Component Industry Technology Founded 1977; 49 years ago (1977) Headquarters Liberty Lake, Washington , United States Key people Tom Deitrich (president & CEO) Products Smart Meters and Modules Smart Grid Data Collection Analysis Software Data Management Water Communication Modules Internet of Things (IoT)[1] Smart Cities Demand Response[2] Professional Services Sensing + Control Solar Monitoring Natural Gas Detectors[3] Distributed Energy Resources Smart Streetlights[4] Revenue $2 billion (2021)[5] Number of employees 5,635[6]

**Itron, Inc.** is an American [technology company](/source/Technology_company) that offers products and services for energy and water resource management.[1] It is headquartered in [Liberty Lake, Washington](/source/Liberty_Lake%2C_Washington), United States. The company's products measure and analyze electricity, gas and water consumption. Its products include electricity, [gas](/source/Gas), [water](/source/Water) and thermal energy measurement devices and control technology, communications systems, software, as well as managed and consulting services.

Itron OpenWay electricity [smart meter](/source/Smart_meter) with two-way communications for remote reading in use by [DTE Energy](/source/DTE_Energy)

## History

Itron, a spinoff of Spokane-based [Avista Corp](/source/Avista)., formerly [Washington](/source/Washington%2C_D.C.) Water Power Co., was founded in 1977 in [Hauser Lake, Idaho](/source/Hauser%2C_Idaho) when a small group of engineers wanted to build a more efficient way to read utility meters.[7][8] In 1984, Itron experienced global expansion into the [Asian](/source/Asian_Americans) market and developed new manufacturing plants in [France](/source/France) and the [U.K.](/source/U.K.) By 2006, Itron [consulting](/source/Consulting) teams were created to offer services for [energy efficiency](/source/Efficient_energy_use) programs, renewables, conservation and [demand response](/source/Demand_response). In 2010, Itron was recognized for its commitment to [U.S](/source/United_States).-based manufacturing when [President Obama](/source/Barack_Obama) announced the award of $2.3 billion in Recovery Act [Advanced Energy](/source/Advanced_Energy) Manufacturing Tax Credits for clean energy manufacturing projects across the United States.[9]

Within the same year, Itron and [Cisco](/source/Cisco) formed an alliance to deliver [Internet Protocol](/source/Internet_Protocol) (IP) communications to the [smart grid](/source/Smart_grid) market thus changing networking capabilities for utilities. Itron is a founding member of the Smart Cities Council, having joined in 2013. Itron is also a partner of [Microsoft CityNext](/source/Microsoft) helping with global Smart City initiatives. After developing Itron OpenWay Riva adaptive communications technology (ACT), Itron launched the Itron Riva Developers Community for the [Internet of Things](/source/Internet_of_Things), for developers interested in developing software applications for the IoT space.[10]

Itron completed its acquisition of Silver Spring Networks in January 2018; both are American providers of smart meters, grid networks, and software and services.[11] Silver Spring's Gen5 platform, which provided many of the same features as Itron's OpenWay Riva, has been integrated into a common framework.[11]

### Acquisitions

**2024** - Itron acquires Elpis Squared **2021** - Itron acquires SELC, a Street Lighting Controls company[12] **2017** - Itron acquires [Silver Spring Networks](/source/Silver_Spring_Networks) **2017** - Itron acquires [Comverge](/source/Comverge) **2012** - Itron acquires SmartSynch, cellular communications and also acquires C&N GasGate Technology for enhanced smart gas distribution systems. **2007** - Itron acquires Actaris Metering Systems. **2004** – Itron acquires [Schlumberger](/source/Schlumberger) Electricity Metering. **2002** - Itron acquires [software](/source/Software) for distributed system design, field workforce management and energy forecasting. **1996** - Itron acquires UTS, bringing MV-90 metering software application to its product portfolio. **1995** - [AEG Meters](/source/AEG_(German_company)) are acquired with production sites in [Italy](/source/Italy), [Germany](/source/Germany), [Spain](/source/Spain) & [South Africa](/source/South_Africa). **1993** – Itron acquires two [German](/source/Germany) companies, Heliowatt and Danyl. **1989** - Itron acquires a number of metering companies including Thorn Emi Gas Metering in the [U.K.](/source/U.K.) and Bosco Spa in [Italy](/source/Italy).

## Utilities

Various utilities have worked with Itron to deploy [smart meters](/source/Smart_meters), advanced communications technology, [analytics](/source/Analytics) [software](/source/Software) and other [resource management](/source/Resource_management). Below are some of the utilities that have worked and partnered with Itron for smart meter projects.

- North America: [CenterPoint Energy](/source/CenterPoint_Energy); [Southern California Edison](/source/Southern_California_Edison); [Pacific Gas & Electric](/source/Pacific_Gas_%26_Electric); [BC Hydro](/source/BC_Hydro); [FirstEnergy](/source/FirstEnergy); [DTE Energy](/source/DTE_Energy); [San Diego Gas & Electric](/source/San_Diego_Gas_%26_Electric); Cleveland Water; [Sacramento Municipal Utility District](/source/Sacramento_Municipal_Utility_District); Glendale Water and Power; Rancho California Water District; [Los Angeles Department of Water and Power](/source/Los_Angeles_Department_of_Water_and_Power) (LADWP); [Florida Power & Light](/source/Florida_Power_%26_Light);[11] [Public Services Company of New Mexico](/source/PNM_Resources)[13]

- Europe, Middle East & Africa: [EDF Energy](/source/EDF_Energy); Gaz Réseau Distribution France (GRDF); [Yorkshire Water](/source/Yorkshire_Water); Italgas; Malta Water Services Corporation; [State Oil Company of Azerbaijan (SOCAR)](/source/State_Oil_Company_of_Azerbaijan); Aguas de Valencia; Linea Distribuzione, Stadtnetze Neustadt and Stadtwerke Garbsen.

- Asia Pacific & Australia: [Powercor](/source/Powercor); CitiPower; [PT Perusahaan Listrik Negara (PLN)](/source/PT_Perusahaan_Listrik_Negara); Hong Kong Water; [Sydney Water](/source/Sydney_Water); [Mitsubishi Electric Corporation](/source/Mitsubishi_Electric_Corporation); Tonga Power Limited (TPL).

- South America: [Iberdrola](/source/Iberdrola); Dominican Corporation of State Electricity Companies; [NAMC Algeria](/source/NAMC); [CPFL Energia](/source/CPFL_Energia); [Eletrobras](/source/Eletrobras); ELO Sistemas Eletrônicos (ELO).

## Cities

[San Antonio](/source/San_Antonio) implemented a six-month smart streetlight pilot program in partnership with [CPS Energy](/source/CPS_Energy), [AT&T](/source/AT%26T), and Itron.[4]

Through Itron, the city of [Chicago](/source/Chicago) overhauled its streetlights with smart [LEDs](/source/LEDs). In March, the city installed 100,000 new lights—approximately one-third of its 270,000 goal. The project, costing $160 million, was predicted to lead to annual energy savings of $10 million.[14]

For the construction of a new highway, the city of [Christchurch, New Zealand](/source/Christchurch%2C_New_Zealand) used Itron to deploy acoustical sensors at the site so the city can create a baseline before the highway is opened.[14]

The city of [Copenhagen](/source/Copenhagen), which sees the heavy use of bicycles, has enlisted Itron's help to deploy traffic management capabilities with its smart streetlight infrastructure.[15]

The city of [Paris](/source/Paris) plans to deploy sensors with its smart streetlights to monitor moisture levels in soil for [water conservation](/source/Water_conservation).[15]

## References

1. ^ [***a***](#cite_ref-Geek_Wire_1-0) [***b***](#cite_ref-Geek_Wire_1-1) Soper, Taylor (June 4, 2021). ["Tech Moves: Ex-Microsoft COO Kevin Turner leaves Core Scientific; Magic AI founder joins ThruWave"](https://www.geekwire.com/2021/tech-moves-ex-microsoft-coo-kevin-turner-leaves-core-scientific-magic-ai-founder-joins-thruwave/). *[GeekWire](/source/GeekWire)*.

1. **[^](#cite_ref-Bloomberg_News_2-0)** Malik, Naureen S. (November 19, 2021). ["Texas Plans to Become the Bitcoin Capital, Vulnerable Power Grid and All"](https://www.bloomberg.com/news/articles/2021-11-19/texas-plans-to-become-the-u-s-bitcoin-capital-can-its-grid-ercot-handle-it). *[Bloomberg News](/source/Bloomberg_News)*.

1. **[^](#cite_ref-Fortnightly_3-0)** Mitnick, Steve (November 11, 2019). ["Fortnightly Top Innovators 2019"](https://www.fortnightly.com/fortnightly/2019/11-0/fortnightly-top-innovators-2019). *Fortnightly*.

1. ^ [***a***](#cite_ref-Business_Insider_4-0) [***b***](#cite_ref-Business_Insider_4-1) Sweeney, Erica (May 5, 2021). ["Inside San Antonio's Office of Innovation, which plans to bridge the digital divide with smart technology and infrastructure"](https://www.businessinsider.com/san-antonio-texas-office-innovation-smart-tech-infrastructure-divide-2021-5). *[Business Insider](/source/Business_Insider)*.

1. **[^](#cite_ref-5)** Levine, Scott (December 31, 2021). ["Why Shares of Itron Are Plummeting Today"](https://www.fool.com/investing/2022/02/28/why-shares-of-itron-are-plummeting-today/). *[The Motley Fool](/source/The_Motley_Fool)*.

1. **[^](#cite_ref-6)** ["Form 10-k Annual filing"](https://www.sec.gov/ix?doc=/Archives/edgar/data/780571/000078057122000004/itri-20211231.htm). *[U.S. Securities and Exchange Commission](/source/U.S._Securities_and_Exchange_Commission)*. December 31, 2021.

1. **[^](#cite_ref-Spokane_Journal_7-0)** McLean, Mike (July 22, 2019). ["Itron tabs new CEO from within"](https://www.spokanejournal.com/local-news/itron-tabs-new-ceo-from-within/). *[Spokane Journal of Business](/source/Spokane_Journal_of_Business)*.

1. **[^](#cite_ref-8)** ["Investor highlight: Itron Inc. | Greater Spokane Incorporated"](https://greaterspokane.org/blog/2018/03/investor-highlight-itron-inc/). 24 March 2018.

1. **[^](#cite_ref-9)** ["President Obama Awards $2.3 Billion for New Clean-Tech Manufacturing Jobs"](https://www.energy.gov/articles/president-obama-awards-23-billion-new-clean-tech-manufacturing-jobs). *[United States Department of Energy](/source/United_States_Department_of_Energy)*. January 8, 2010.

1. **[^](#cite_ref-10)** ["Internet of Things"](https://web.archive.org/web/20150919182741/https://www.itronriva.com/). itron.com. Archived from [the original](https://www.itronriva.com/) on 2015-09-19. Retrieved 2015-09-17.

1. ^ [***a***](#cite_ref-Greentech_Media_11-0) [***b***](#cite_ref-Greentech_Media_11-1) [***c***](#cite_ref-Greentech_Media_11-2) St. John, Jeff (May 16, 2018). ["Itron's Acquisition of Silver Spring Networks Bolsters Smart Meter and Grid Networking Revenue"](https://www.greentechmedia.com/articles/read/itron-reports-first-quarterly-earnings-with-an-integrated-silver-spring-net). *[Greentech Media](/source/Greentech_Media)*.

1. **[^](#cite_ref-12)** McCloskey, Brian (March 11, 2021). ["Matheson Advises Itron on its Acquisition of SELC"](https://www.matheson.com/insights/detail/matheson-advises-itron-on-its-acquisition-of-selc). *[Matheson Law](/source/Matheson_(law_firm))*.

1. **[^](#cite_ref-13)** Nhede, Nicholas (April 11, 2017). ["Demand response project: PNM selects Comverge for rollout of DR initiative"](https://www.smart-energy.com/regional-news/north-america/demand-response-project-pnm-comverge/). *Smart Energy International*.

1. ^ [***a***](#cite_ref-IoT_World_14-0) [***b***](#cite_ref-IoT_World_14-1) Buntz, Brian (September 13, 2019). ["Itron Embraces Bottom-Up Strategy for Smart City Technology"](https://www.iotworldtoday.com/2019/09/13/itron-embraces-bottom-up-strategy-for-smart-city-technology/). *IoT World Today*.

1. ^ [***a***](#cite_ref-TechTarget_15-0) [***b***](#cite_ref-TechTarget_15-1) Shea, Sharon (July 19, 2019). ["Smart streetlights build smart city network backbone"](https://www.techtarget.com/iotagenda/feature/Smart-streetlights-build-smart-city-network-backbone). *[TechTarget](/source/TechTarget)*.

This article relies excessively on references to primary sources. Please improve this article by adding secondary or tertiary sources. Find sources: "Itron" – news · newspapers · books · scholar · JSTOR (September 2015) (Learn how and when to remove this message)

## External links

- [Itron Yahoo Finance profile](https://finance.yahoo.com/q/pr?s=ITRI)

Authority control databases ISNI

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Adapted from the Wikipedia article [Itron](https://en.wikipedia.org/wiki/Itron) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Itron?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.
