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BMI Badger Meter Inc

186.47
-2.35 (-1.24%)
15 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Badger Meter Inc NYSE:BMI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -2.35 -1.24% 186.47 187.78 184.7501 187.16 100,218 01:00:00

Badger Meter Builds on Smart Water Offerings With Network Monitoring Acquisition

03/01/2024 9:00pm

Business Wire


Badger Meter (NYSE:BMI)
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From Dec 2023 to Jun 2024

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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.

Karen Bauer (414) 371-7276 kbauer@badgermeter.com

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