Sidley Represents Itron in Its US$525 Million Definitive Agreement to Acquire Locusview

Sidley represented Itron, Inc. (NASDAQ: ITRI), an AI-powered intelligent infrastructure company that helps utilities and cities manage energy, water, and other services, in its definitive agreement to acquire Locusview, Ltd., a privately held utility-focused software and services company based in the United States and Israel. The purchase price for the all-cash acquisition is US$525 million and the deal is expected to close in January 2026.

More information about the transaction is available here.

The Sidley team was led by Dr. Idan Netser (Emerging Companies and Venture Capital) and Sara M. Carian (M&A), and included Jake Funk and Sara Zokaei (Emerging Companies and Venture Capital); Hayoung Lee (M&A); Lauren Gallagher, Alexandra Peterson, and Nicholas Carballo (Employee Benefits and Executive Compensation); Natalie Chan and Ryan Martin (Labor, Employment and Immigration); Jen Fernandez, Howard J. Stanislawski, and Mine Orer (Global Arbitration, Trade and Advocacy); Rachelle Soderstrom, Paul Kariyawasam, and Jonathan P. Trang (Technology and Life Sciences Transactions); Lauren Kitces and Garrett Lance (Privacy and Cybersecurity); and Nathan Enfield (Tax).