Badger meter extends blueedge™ suite of solutions with acquisition of smartcover

Milwaukee--(business wire)--badger meter, inc. (nyse: bmi) today announced the acquisition of smartcover® systems (“smartcover”) from xpv water partners, for $185 million. the transaction, funded with available cash, adds real-time monitoring of utility water collection systems, with a focus on sewer line and lift station monitoring, to the network monitoring applications already offered under badger meter's blueedge suite of water management solutions. smartcover, with approximately $35 millio.
BMI Ratings Summary
BMI Quant Ranking