Badger Meter, Inc., has announced the acquisition of Syrinix, Ltd., a privately held provider of intelligent water monitoring solutions, for £15 million (~$18.1 million USD), funded with available cash.
Founded in 2010 and headquartered in the United Kingdom, Syrinix specializes in high-frequency pressure monitoring and leak detection within water distribution and collection networks. Its remote network monitoring equipment and cloud-based software platform deliver data, customized alerts and insights that empower customers with real-time asset monitoring to reduce water loss and improve asset life.
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