Badger Meter, Inc. acquired Water Monitoring Assets from Trimble Inc. for $3 million
January 02, 2024
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Badger Meter, Inc. (NYSE:BMI) acquired Water Monitoring Assets from Trimble Inc. (NasdaqGS:TRMB) for $3 million on January 3, 2024. Trimble will retain its water-related businesses that serve marine construction, infrastructure monitoring and surveying.
Badger Meter, Inc. (NYSE:BMI) completed the acquisition of Water Monitoring Assets from Trimble Inc. (NasdaqGS:TRMB) on January 3, 2024.
Badger Meter, Inc. is a manufacturer and marketer of products incorporating flow measurement, quality, control and other system solutions serving markets worldwide. Its solutions encompass smart measurement hardware, reliable communications, data and analytics software as well as ongoing support to optimize customers' operations. Its smart measurement hardware is primarily comprised of product families, such as meters that measure the flow of water and other fluids, water quality monitoring solutions, including optical sensing and electrochemical instruments that provide real-time, on-demand data parameters, and high frequency pressure and acoustic leak detection hardware that provides real-time monitoring data. It offers a range of communication solutions, which include the ORION branded family of radio endpoints, for communicating data from hardware into usable applications. It also offers training, project management, technical support and other collaborative services for customers.