McKinstry Buys Itron Software Group

Seattle-based McKinstry, the construction and energy efficiency firm, said today it has acquired the Enterprise Energy Management software group from longtime partner Itron, the Spokane, WA-based utility technology and smart grid company (NASDAQ GS: ITRI). Financial terms of the deal were not released. Itron’s Web-based software will help McKinstry manage and monitor energy and water consumption in its customers’ buildings.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and Editor of Xconomy Boston. E-mail him at gthuang [at] xconomy.com. Follow @gthuang

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