ITRON, INC. acquired UTS.
UTS operates in Metering software. UTS brought MV-90, an industry-leading metering software application, into Itron's software portfolio; MV-90 is used to collect, analyze and apply advanced meter data from commercial and industrial energy users. Itron's official company history records the acquisition in 1996.
Add the MV-90 metering software application for commercial and industrial meter data to Itron's software portfolio.
Advisory firms were not disclosed for this transaction.