Smart Cities

Itron / Silver Spring Merger Creates an IoT Powerhouse for Smart Cities and Grids

Earlier this month, in what might be the deal of 2017, Itron agreed to acquire Silver Spring Networks, in a merger that brings together two of the main driving forces of the Internet of Things (IoT) in smart cities and grids. The two firms announced that they had signed a definitive agreement for Itron to acquire all outstanding shares of Silver Spring for $16.25 per share in cash. Meaning the transaction is valued at approximately $830 million, net of $118 million of Silver Spring’s cash. This represents a premium of 25% to Silver Spring’s closing share price on Sept. 15, 2017, the last trading day prior to the announcement of the transaction. The transaction has been unanimously approved by the boards of directors of both companies. Back in 2015 Memoori reported, “over the past few years, we’ve seen Smart grid and IT technology vendors change their approach to the utility data analytics. Recently two smart […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now for just $180 USD per year per user ( just $15 USD per month) for Access to Quality Independent Smart Building Analysis!

What Exactly Do you Get?

  • Read every article published in full and get unlimited access to our archive of over 1,400 articles.
  • 10% discount on ALL Memoori Research reports for Subscribers! So if you only buy ONE report you will get your subscription fee back!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

Physical Security Trade War Video Surveillance Access Control
Security

US-China Trade War Continues To Polarize the Physical Security Market

The Physical Security industry has found itself on the frontline of the US-China trade ‘war’ and its involvement could have significant implications for its future and the future of the wider smart buildings and cities technology markets. “In recent years US-China geopolitical tensions within the physical security industry have escalated,” reports our latest security research. […]

Complimentary Article Physical Security Video Surveillance
Security

Global Physical Security Market Resilient in the Face of Challenging Trade Conditions

Our new research report shows that the global market for physical security products (Access Control, Video Surveillance, Intruder Alarm & Perimeter Protection) has demonstrated both resilience and adaptability in the face of growing geopolitical tensions and looming economic recession. Trade tensions between China and the US have seen a series of legislative moves that have […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.

    1. Please enter a valid email

    2. Please enter your name

      Please enter company name

    3. By signing up you agree to our privacy policy