MILWAUKEE: Badger Meter Inc. (NYSE: BMI) introduced the acquisition of Syrinix Ltd., a privately held supplier of clever water monitoring solutions, for £15 million.
Kenneth C. Bockhorst, Chairman, President and Chief Executive Officer, Badger Meter, stated, “We are happy so as to add the hardware-enabled software program capabilities of Syrinix into our smart water options portfolio.
Leveraging our industry-leading ORION Cellular endpoints and BEACON software, we proceed to expand our complete digital options to operationalize real-time data into actionable insights that enhance efficiency, resiliency and sustainability.
I look ahead to working alongside the talented Syrinix team to additional our aim to protect the world’s most precious resource.”
Founded in 2010 and headquartered inside the UK, Syrinix specializes in high-frequency pressure monitoring and leak detection inside water distribution and assortment networks.
Its distant community monitoring equipment and cloud-based software program platform ship data, customized alerts and insights that empower customers with real-time asset monitoring to reduce water loss and enhance asset life.
With greater than a century of water technology innovation, Badger Meter is a global supplier of industry main water options encompassing flow measurement, high quality and different system parameters. These choices present our customers with the data and analytics important to optimize their operations and contribute to the sustainable use and safety of the world’s most precious resource.