Itron History
A legacy of innovation
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1977
Schlumberger forms the following group of subsidiaries: Flonic (water, heat, gas); Enertec (electricity); and Sereg (industrial control and valves). In 1987, these companies are restructured under Schlumberger Industries into specific market segments: electricity, gas, water, heat and regulation.
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1977
Itron is founded by a small group of innovative engineers intent on finding more efficient ways to read meters in Hauser Lake, Idaho.
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1978
The A6—the industry's first polyphase, single-disk meter—is launched.
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1979
The hybrid electromechanical J5S residential meter, a staple of the electricity metering industry, is released to market.
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1980
The paperwork is taken out of meter reading operations with Itron's first-generation of portable handheld computers and application software.
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1984
Expansion begins into the Asian market. The following year a new manufacturing plant starts operations in Indonesia, PT Mecoindo.
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1986
Two new lines of water meters are introduced: Flostar, a single-jet, class C residential meter; and Woltex, a class B, Woltmann-type meter with horizontal helix.
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1987
Two companies are acquired in Europe: Allmess Congermania in Germany and Conteuro Rigas in Italy.
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1987
The Gallus meter is made simpler and lighter through automation and miniaturization and rebranded the Gallus 2000. With its launch, Schlumberger becomes the world leader in domestic gas meters.
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1988
A secure, smart key prepayment meter, the KBA, is released to market.
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1989
A new series of Delta rotary meters are launched, including the DN40 and DN100.
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1989
Two additional companies are acquired in Europe: Thorn Emi Gas Metering in the U.K. and Bosco Spa in Italy.
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1990
Large-scale residential automatic meter reading (AMR) technology is introduced by Itron. This enables utilities to collect natural gas and electricity data remotely via wireless communication.
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1992
Electronic residential meters are mass-produced in France and the U.K. (including the A14, A15, SPA, SPB).
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1993
Leveraging advancements in electronics, Schlumberger launches the solid-state VECTRON; meter to serve the commercial and industrial market.
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1993
A new intelligent gas meter, Dialogas, is introduced.
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1993
Two German companies are acquired: Heliowatt and Danyl.
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1994
The RF1, 2dm3 residential diaphragm meter is redesigned, and begins production on an automated assembly line.
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1995
Water utilities and municipalities worldwide benefit as Itron extends AMR technology to water providers.
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1995
The French "Fluxi NM" and German "TZ" merge to become the "Fluxi2000/TZ".
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1995
AEG Meters is acquired with production sites in Italy, Germany, Spain, and South Africa.
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1996
The Cyble communication protocol is introduced and is installed in all water meters.
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1996
Itron acquires UTS, bringing MV-90, an industry-leading metering software application to Itron's software portfolio, to collect, analyze and apply advanced meter data from commercial and industrial energy users.
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1998
Flodis, the first, single jet, class C, communicating meter fitted with an extra-dry register is released.
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1998
The world's first dual-energy (electricity and gas) prepayment system, Talexus Vendor, is launched. Payment is collected via smart card.
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1998
Schlumberger changes the face of electricity metering with the launch of CENTRON;, the first solid-state meter designed for mass deployment in the residential market
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1998
Schlumberger introduces the QUANTUM; Q1000 multi-measurement meter for generation and transmission applications.
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1999
The Gallus meter is fitted with radio-frequency communication modules.
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2000
Launch of the top-of-the-range electronic metering platform SL7000, for international applications.
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2001
Schlumberger releases the highly-successful SENTINEL; meter for commercial and industrial metering applications.
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2001
Schlumberger ceases its metering activities through an LBO (leveraged buyout). The Actaris group is established.
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2002
The ultrasonic line of heat meters, CF Echo II, is released.
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2002
Featuring a wide measurement range and precise accuracy, the Delta rotary gas meter is launched.
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2002
Itron acquires software solutions for distribution system design, field workforce management and energy forecasting.
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2003
Best-in-class software tools for management, analysis, and application of metering-based data are added to the Itron portfolio.
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2003
The ACE4000 series is released. Compatible with both PLC and radio-frequency communication technologies, the ACE4000 electricity meter becomes a commercial success.
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2004
Corus is unveiled, ushering in a new generation of electronic gas volume converters.
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2004
The ACE SL7000 series of electricity meters debut, featuring an industry-first Internet connection.
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2004
Itron acquires Schlumberger Electricity Metering, the industry leader in solid-state electricity metering technology. An integrated platform for creating and collecting meter data is developed.
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2005
Launch of new generation of voumetric residential water meter Aquadis+.
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2005
Itron reaches several significant milestones: 45 million meters automated worldwide, 3,000 utility customers in 65 countries, and more than $550 million in revenues.
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2006
Itron transforms the way the water utilities monitor distribution system integrity with the acquisition of acoustical leak detection technology.
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2006
Launch of CF800 heat calculator for high-end applications, with integrated data logger and tariff manager.
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2006
Industry-leading consulting team created to pursue growing opportunities in energy efficiency programs, renewables, conservation and demand response.
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2007
The ACE8000 PowerGrid is launched. With a 0.1% metrology for high end applications, it uses passive-only sensors for long-term stability making it one of the highest-level precision and performance meters available on the market.
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2007
Actaris Metering Systems is acquired; Itron's global footprint is expanded and gas and water metering products are added to the portfolio.
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2008
Launch of EverBlu, wireless meshed network for data collection.
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2008
The EnergyPoint range of products was launched and the PAYG customer interface unit revolutionised the prepayment environment in the UK allowing consumers to purchase energy from the comfort of their own homes 24/7.
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2009
Launch of WaterMind, supervision solution for large water consumers featuring real time alarms and meters optimization.
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2010
Itron gains White House recognition for its continued commitment to U.S.-based manufacturing and contributions to a clean energy economy.
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2010
Cisco and Itron form a strategic alliance to deliver true Internet Protocol (IP) communications to the smart grid market, revolutionizing utilities' networking capabilities.
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2012
Itron, in partnership with Cisco, launch next-generation smart grid platform, delivering on its vision to create a secure, scalable and multi-service IPv6-based communications architecture.
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2012
Itron Releases Active Smart Grid Analytics Solution for Rapid Deployment
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2012
Itron acquires privately held SmartSynch, thus strengthening Itron's cellular communications offering and bringing greater choice and flexibility to utility customers across the spectrum of smart metering deployments.
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2012
Itron Acquires C&N GasGate Technology to Enhance Smart Gas Distribution Systems
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2013
Itron Enters into Solar Market with Extended Product Portfolio
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2013
Itron Releases Innovative and Flexible Thermal Energy Meter
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2013
Itron's New Bridge Meter Streamlines Migration from Automated Metering to Smart Grid
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2013
Itron and ClipperCreek Deliver Revenue-Grade Electric Vehicle Charging Stations
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2013
Itron Announces Innovative New Solution for Allocation of Heating Costs for Multifamily Housing
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2013
Itron Pioneers Water Innovation with Smart Technology to Improve Water Management
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2013
Itron Takes a Leadership Role in Smart Cities Movement as Founding Member of the Smart Cities Council
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2013
Itron Joins Forces with Microsoft CityNext to Bring Innovation to Cities across the Globe
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2014
Itron Releases Powerful Analytics for Gas Utilities
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2014
Itron Simplifies Smart Grid and AMI Deployments with Itron TOTAL Managed Services Solution
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2014
Itron Extends Itron Riva Edge Intelligence Technology to OpenWay Smart Grid Solution
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2014
Itron Launches Revolutionary Currency-based Smart Payment Solution
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2014
"Itron Resourcefulness Index" Finds Global Utility Industry at a Technology Tipping Point
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2014
Itron Selects Microsoft Azure as Preferred Cloud Platform
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2014
Itron and i2O Water Announce New Alliance to Offer Smart Pressure Management Solutions
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2015
Itron Unveils New 4G LTE Smart Meter Solution
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2015
Itron Introduces Intelligent Static Flow Meter for Thermal Energy C&I Applications
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2015
Itron Honored with 2014 North American Frost & Sullivan Award for Smart City Company of the Year
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2015
Second Annual Itron Resourcefulness Index Explores the Tie Between National Resourcefulness and Economic Competitiveness
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2015
Itron Launches Itron Riva Developers Community for Internet of Things
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2016
The OpenWay Riva solution is released, delivering true interoperability, distributed intelligence and decision-making at the edge of the network - creating the active grid for utilities and smart cities
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2017
Itron adds leading distributed energy management solutions with its acquisition of Comverge. Demand response, distributed energy resource and energy efficiency technologies join to the portfolio.
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2018
Itron acquires Silver Spring Networks to drive innovation and growth in the smart grid, smart city and industrial Internet of Things sectors. Networking, communications, streetlight and distribution automation solutions are added.
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2018
Itron releases the Intelis gas meter-featuring embedded intelligence, network connectivity, high-resolution data and static measurement (no moving parts) -increases safety for utility personnel, end customers and communities with an integrated safety shutoff valve.
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2018
Itron partners with New Cosmos to develop a methane sensor for gas utilities to help identify potential leaks and hazards before they become dangerous.
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2018
Itron releases Temetra, our cloud-based solution for streamlined data collection activities, lower cost (vs. an on-premise solution) and integration with our Itron Mobile application and existing data collection radios.
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2020
To better align internal efforts and our purpose as a company with the importance of environmental, social and governance (ESG) initiatives, Itron establishes its ESG strategy with an emphasis on our commitment to the U.N.& Sustainable Development Goals (SDGs)
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2020
Itron is presented its third consecutive Public Safety Innovation of the Year award from IoT Breakthrough - two for our Intelis gas meter with an integrated safety shut off valve, and one for a waste water monitoring solution developed in partnership with US3
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2021
Itron's utility customers have deployed 2 million distributed intelligence-enabled devices with another 6 million under contract. The DI platform is solving critical power grid challenges in innovative, new ways while providing greater customer service and engagement than ever before.
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2021
Itron acquires Smart Efficient Lighting Control (SELC), a leader in the smart lighting controls industry and longtime partner. Our combined engineering talents, complementary technologies and deep domain expertise promise greater innovation and fast-tracked solutions for smart city customers.
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2022
In its annual Environmental, Social and Governance report, Itron commits to several key goals to increase energy efficiency and reduce its carbon footprint, including: having carbon-neutral operations by 2035; becoming net-zero by 2050 or sooner; and join the Science-Based Target Initiative (SBTi) with alignment to the 1.5 degrees Celsius standard.
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2023
Itron is the first in the industry to achieve a significant milestone by shipping its 1 millionth ultrasonic gas smart meter. The Intelis smart gas meter extends intelligence to the edge of the network, evolving the gas distribution network from a one-way gas delivery mechanism to an interactive energy network that can deliver gas more safely and efficiently.
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2023
Itron extends the capabilities and reach of its distributed intelligence (DI) platform in several ways. First, two new products are introduced that enable DI to be included in third-party devices (via the DI NIC) and with additional communications options (via the Itron Edge Gateway). Second, a milestone is reached when Itron ships its 6 millionth DI-capable electricity smart meter.
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2024
Ushering in a new era of grid edge intelligence and control, Itron unveils a refreshed brand identity that reflects our commitment, innovation and investment in the continued success of our industry and our customers. It represents a strategic move for Itron as we expand our offerings in several key areas—particularly as we extend more intelligence and greater control throughout the delivery system all the way to the grid edge—and enable the transition to cleaner energy and water delivery.
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2024
Itron acquires Elpis Squared, an innovative provider of software and services for utility grid operations, expanding its Grid Edge Intelligence portfolio. The acquisition strengthens and complements Itron's solutions, adding expertise in grid planning, operations and engineering.