Badger Meter Builds on Smart Water Offerings With Network Monitoring Acquisition

Badger Meter, Inc. (NYSE: BMI) today announced that it has acquired select remote water monitoring hardware and software from Trimble (NASDAQ:TRMB), inclusive of the Telog brand of RTUs (remote telemetry units) and Trimble Unity Remote Monitoring software.

The acquisition provides real-time monitoring hardware and software targeted at distributed data collection for applications in water, wastewater, stormwater and environmental water monitoring.

Kenneth C. Bockhorst, Chairman, President and Chief Executive Officer, Badger Meter, stated, “This tuck-in acquisition fits perfectly into our strategic growth laneways. The bundling of additional hardware-enabled software for network monitoring enhances the scope of data, information and analytics enabling our customers to be more efficient, resilient and sustainable –saving money, improving asset performance and reducing risk across their entire enterprise.”

About Badger Meter

With more than a century of water technology innovation, Badger Meter is a global provider of industry leading water solutions encompassing flow measurement, quality and other system parameters. These offerings provide our customers with the data and analytics essential to optimize their operations and contribute to the sustainable use and protection of the world’s most precious resource. For more information, visit badgermeter.com.

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The Badger Meter Stock at the time of publication of the news with a fall of -2,82 % to 152,0EUR on NYSE stock exchange (03. Januar 2024, 21:45 Uhr).