Itron
| Company type | Public |
|---|---|
| Industry | Technology, Energy management |
| Predecessor | Avista Corp (spinoff) |
| Founded | 1977 in Hauser Lake, Idaho, United States |
| Founder | Engineers from Avista Corp |
| Headquarters | Liberty Lake, Washington , United States |
Area served | Worldwide |
| Products | Smart meters, control systems, communication technologies, software platforms, consulting services |
| Website | www |
Itron, Inc. is a U.S.-based technology company focused on delivering products and services for managing energy and water resources. With its headquarters located in Liberty Lake, Washington, the company offers a range of devices and solutions designed to monitor and assess consumption of electricity, gas, water, and thermal energy. Its offerings encompass smart meters, control systems, communication technologies, software platforms, and comprehensive consulting services.
History
Originating as a spinoff from Spokane’s Avista Corp, Itron was established in 1977 in Hauser Lake, Idaho by engineers dedicated to enhancing the efficiency of utility meter reading processes. By 1984, the company had broadened its reach internationally by entering the Asian market and setting up manufacturing facilities in both France and the U.K.. In 2006, Itron expanded its operations by creating consulting teams specializing in energy efficiency initiatives, renewable energy integration, conservation efforts, and demand response programs.
In 2010, Itron secured $2.3 billion through Recovery Act Advanced Energy Manufacturing Tax Credits aimed at supporting clean energy production within the United States. That same year, it collaborated with Cisco to implement Internet Protocol (IP) communication solutions tailored for the smart grid sector, thereby advancing networking capabilities for utilities.
By 2013, Itron had become a founding participant in the Smart Cities Council and joined forces with Microsoft CityNext to promote Smart City projects worldwide. Following the introduction of its OpenWay Riva adaptive communications technology (ACT), Itron established the Riva Developers Community to encourage software innovation within the Internet of Things (IoT) ecosystem.
In January 2018, Itron expanded its portfolio by acquiring Silver Spring Networks, a U.S.-based provider specializing in smart meters, grid networking, and software services. The integration of Silver Spring’s Gen5 platform—offering functionalities comparable to Itron's OpenWay Riva—resulted in a consolidated framework that enhanced Itron’s smart grid solution offerings.
Acquisitions
2024 – Acquisition of Elpis Squared by Itron 2021 – Purchase of SELC, a firm specializing in Street Lighting Controls 2017 – Itron acquires both Silver Spring Networks and Comverge 2012 – Acquisition of SmartSynch (cellular communications) and C&N GasGate Technology for smart gas distribution 2007 – Actaris Metering Systems acquired by Itron 2004 – Schlumberger Electricity Metering integrated into Itron 2002 – Software assets for distributed system design, field workforce management, and energy forecasting acquired 1996 – UTS acquisition added MV-90 metering software to Itron’s offerings 1995 – AEG Meters purchased; manufacturing sites included locations in Italy, Germany, Spain, and South Africa 1993 – German companies Heliowatt and Danyl acquired 1989 – Multiple metering firms acquired including Thorn Emi Gas Metering (UK) and Bosco Spa (Italy)
Utilities
Itron collaborates with utility providers across the globe to implement smart meters alongside advanced communication networks, analytics software, and resource management tools. Prominent utility partners include:
- North America: CenterPoint Energy, Southern California Edison, Pacific Gas & Electric, BC Hydro, FirstEnergy, DTE Energy, San Diego Gas & Electric, Cleveland Water, Sacramento Municipal Utility District, Glendale Water and Power, Rancho California Water District, Los Angeles Department of Water and Power (LADWP), Florida Power & Light, Public Services Company of New Mexico
- Europe, Middle East & Africa: EDF Energy, Gaz Réseau Distribution France (GRDF), Yorkshire Water, Italgas, Malta Water Services Corporation, SOCAR, Aguas de Valencia, Linea Distribuzione, Stadtnetze Neustadt, Stadtwerke Garbsen
- Asia Pacific & Australia: Powercor, CitiPower, PLN, Hong Kong Water, Sydney Water, Mitsubishi Electric Corporation, Tonga Power Limited (TPL)
- South America: Iberdrola, Dominican Corporation of State Electricity Companies, NAMC Algeria, CPFL Energia, Eletrobras, ELO Sistemas Eletrônicos (ELO)
Cities
San Antonio initiated a six-month pilot program for smart streetlighting in collaboration with CPS Energy, AT&T, and Itron.
In Chicago, Itron replaced traditional streetlights with smart LEDs, installing 100,000 units—approximately one-third of the targeted 270,000—in a $160 million initiative projected to reduce energy expenses by $10 million annually.
For a highway development, Christchurch, New Zealand utilized Itron's acoustic sensors to collect baseline data prior to the road's inauguration.
Copenhagen, renowned for its extensive bicycle usage, partnered with Itron to improve traffic flow through its intelligent streetlight system.
Paris aims to deploy sensors integrated with smart streetlights to track soil moisture levels as part of its water conservation efforts.
External links
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- Companies listed on the Nasdaq
- Companies based in Spokane County, Washington
- Manufacturing companies based in Washington (state)
- Manufacturing companies established in 1977
- 1977 establishments in Idaho
- Technology companies of the United States
- Meter manufacturers