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ITRI > SEC Filings for ITRI > Form 8-K on 1-May-2012

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Form 8-K for ITRON INC /WA/

1-May-2012

Other Events, Financial Statements and Exhibits

Item 8.01 Other Events.

On May 1, 2012, Itron, Inc. (Itron) completed its acquisition of SmartSynch, Inc. (SmartSynch). SmartSynch is a provider of point-to-point smart grid solutions that utilize cellular networks for communications. The acquisition strengthens Itron's cellular communications offering, and Itron believes the acquisition brings greater choice to utility customers across the spectrum of smart metering deployments.

The purchase price of SmartSynch, before adjustments for changes in working capital, was $100 million in cash.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit
Number    Description

 99.1     Press Release dated May 1, 2012.

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