Itron History

1977

Schlumberger forms the following group of subsidiaries: Flonic (water, heat, gas); Enertec (electricity); and Sereg (industrial control and valves). In 1987, these companies are restructured under Schlumberger Industries into specific market segments: electricity, gas, water, heat and regulation.

1977

Itron is founded by a small group of innovative engineers intent on finding more efficient ways to read meters in Hauser Lake, Idaho.

1978

The A6—the industry's first polyphase, single-disk meter—is launched.

1979

The hybrid electromechanical J5S residential meter, a staple of the electricity metering industry, is released to market.

1980

The paperwork is taken out of meter reading operations with Itron's first-generation of portable handheld computers and application software.

1984

Expansion begins into the Asian market. The following year a new manufacturing plant starts operations in Indonesia, PT Mecoindo.

1986

Two new lines of water meters are introduced: Flostar, a single-jet, class C residential meter; and Woltex, a class B, Woltmann-type meter with horizontal helix.

1987

Two companies are acquired in Europe: Allmess Congermania in Germany and Conteuro Rigas in Italy.

1987

The Gallus meter is made simpler and lighter through automation and miniaturization and rebranded the Gallus 2000. With its launch, Schlumberger becomes the world leader in domestic gas meters.

1988

A secure, smart key prepayment meter, the KBA, is released to market.

1989

A new series of Delta rotary meters are launched, including the DN40 and DN100.

1989

Two additional companies are acquired in Europe: Thorn Emi Gas Metering in the U.K. and Bosco Spa in Italy.

1990

Large-scale residential automatic meter reading (AMR) technology is introduced by Itron. This enables utilities to collect natural gas and electricity data remotely via wireless communication.

1992

Electronic residential meters are mass-produced in France and the U.K. (including the A14, A15, SPA, SPB).

1993

Leveraging advancements in electronics, Schlumberger launches the solid-state VECTRON; meter to serve the commercial and industrial market.

1993

A new intelligent gas meter, Dialogas, is introduced.

1993

Two German companies are acquired: Heliowatt and Danyl.

1994

The RF1, 2dm3 residential diaphragm meter is redesigned, and begins production on an automated assembly line.

1995

Water utilities and municipalities worldwide benefit as Itron extends AMR technology to water providers.

1995

The French "Fluxi NM" and German "TZ" merge to become the "Fluxi2000/TZ".

1995

AEG Meters is acquired with production sites in Italy, Germany, Spain, and South Africa.

1996

The Cyble communication protocol is introduced and is installed in all water meters.

1996

Itron acquires UTS, bringing MV-90, an industry-leading metering software application to Itron's software portfolio, to collect, analyze and apply advanced meter data from commercial and industrial energy users.

1998

Flodis, the first, single jet, class C, communicating meter fitted with an extra-dry register is released.

1998

The world's first dual-energy (electricity and gas) prepayment system, Talexus Vendor, is launched. Payment is collected via smart card.

1998

Schlumberger changes the face of electricity metering with the launch of CENTRON;, the first solid-state meter designed for mass deployment in the residential market

1998

Schlumberger introduces the QUANTUM; Q1000 multi-measurement meter for generation and transmission applications.

1999

The Gallus meter is fitted with radio-frequency communication modules.

2000

Launch of the top-of-the-range electronic metering platform SL7000, for international applications.

2001

Schlumberger releases the highly-successful SENTINEL; meter for commercial and industrial metering applications.

2001

Schlumberger ceases its metering activities through an LBO (leveraged buyout). The Actaris group is established.

2002

The ultrasonic line of heat meters, CF Echo II, is released.

2002

Featuring a wide measurement range and precise accuracy, the Delta rotary gas meter is launched.

2002

Itron acquires software solutions for distribution system design, field workforce management and energy forecasting.

2003

Best-in-class software tools for management, analysis, and application of metering-based data are added to the Itron portfolio.

2003

The ACE4000 series is released. Compatible with both PLC and radio-frequency communication technologies, the ACE4000 electricity meter becomes a commercial success.

2004

Corus is unveiled, ushering in a new generation of electronic gas volume converters.

2004

The ACE SL7000 series of electricity meters debut, featuring an industry-first Internet connection.

2004

Itron acquires Schlumberger Electricity Metering, the industry leader in solid-state electricity metering technology. An integrated platform for creating and collecting meter data is developed.

2005

Launch of new generation of voumetric residential water meter Aquadis+.

2005

Itron reaches several significant milestones: 45 million meters automated worldwide, 3,000 utility customers in 65 countries, and more than $550 million in revenues.

2006

Itron transforms the way the water utilities monitor distribution system integrity with the acquisition of acoustical leak detection technology.

2006

Launch of CF800 heat calculator for high-end applications, with integrated data logger and tariff manager.

2006

Industry-leading consulting team created to pursue growing opportunities in energy efficiency programs, renewables, conservation and demand response.

2007

The ACE8000 PowerGrid is launched. With a 0.1% metrology for high end applications, it uses passive-only sensors for long-term stability making it one of the highest-level precision and performance meters available on the market.

2007

Actaris Metering Systems is acquired; Itron's global footprint is expanded and gas and water metering products are added to the portfolio.

2008

Launch of EverBlu, wireless meshed network for data collection.

2008

The EnergyPoint range of products was launched and the PAYG customer interface unit revolutionised the prepayment environment in the UK allowing consumers to purchase energy from the comfort of their own homes 24/7.

2009

Launch of WaterMind, supervision solution for large water consumers featuring real time alarms and meters optimization.

2010

Itron gains White House recognition for its continued commitment to U.S.-based manufacturing and contributions to a clean energy economy.

2010

Cisco and Itron form a strategic alliance to deliver true Internet Protocol (IP) communications to the smart grid market, revolutionizing utilities' networking capabilities.

2012

Itron, in partnership with Cisco, launch next-generation smart grid platform, delivering on its vision to create a secure, scalable and multi-service IPv6-based communications architecture.

2012

Itron Releases Active Smart Grid Analytics Solution for Rapid Deployment

2012

Itron acquires privately held SmartSynch, thus strengthening Itron's cellular communications offering and bringing greater choice and flexibility to utility customers across the spectrum of smart metering deployments.

2012

Itron Acquires C&N GasGate Technology to Enhance Smart Gas Distribution Systems

2013

Itron Enters into Solar Market with Extended Product Portfolio

2013

Itron Releases Innovative and Flexible Thermal Energy Meter

2013

Itron's New Bridge Meter Streamlines Migration from Automated Metering to Smart Grid

2013

Itron and ClipperCreek Deliver Revenue-Grade Electric Vehicle Charging Stations

2013

Itron Announces Innovative New Solution for Allocation of Heating Costs for Multifamily Housing

2013

Itron Pioneers Water Innovation with Smart Technology to Improve Water Management

2013

Itron Takes a Leadership Role in Smart Cities Movement as Founding Member of the Smart Cities Council

2013

Itron Joins Forces with Microsoft CityNext to Bring Innovation to Cities across the Globe

2014

Itron Releases Powerful Analytics for Gas Utilities

2014

Itron Simplifies Smart Grid and AMI Deployments with Itron TOTAL Managed Services Solution

2014

Itron Extends Itron Riva Edge Intelligence Technology to OpenWay Smart Grid Solution

2014

Itron Launches Revolutionary Currency-based Smart Payment Solution

2014

"Itron Resourcefulness Index" Finds Global Utility Industry at a Technology Tipping Point

2014

Itron Selects Microsoft Azure as Preferred Cloud Platform

2014

Itron and i2O Water Announce New Alliance to Offer Smart Pressure Management Solutions

2015

Itron Unveils New 4G LTE Smart Meter Solution

2015

Itron Introduces Intelligent Static Flow Meter for Thermal Energy C&I Applications

2015

Itron Honored with 2014 North American Frost & Sullivan Award for Smart City Company of the Year

2015

Second Annual Itron Resourcefulness Index Explores the Tie Between National Resourcefulness and Economic Competitiveness

2015

Itron Launches Itron Riva Developers Community for Internet of Things

2016

The OpenWay Riva solution is released, delivering true interoperability, distributed intelligence and decision-making at the edge of the network - creating the active grid for utilities and smart cities

2017

Itron adds leading distributed energy management solutions with its acquisition of Comverge. Demand response, distributed energy resource and energy efficiency technologies join to the portfolio.

2018

Itron acquires Silver Spring Networks to drive innovation and growth in the smart grid, smart city and industrial Internet of Things sectors. Networking, communications, streetlight and distribution automation solutions are added.

2018

Itron releases the Intelis gas meter-featuring embedded intelligence, network connectivity, high-resolution data and static measurement (no moving parts) -increases safety for utility personnel, end customers and communities with an integrated safety shutoff valve.

2018

Itron partners with New Cosmos to develop a methane sensor for gas utilities to help identify potential leaks and hazards before they become dangerous.

2018

Itron releases Temetra, our cloud-based solution for streamlined data collection activities, lower cost (vs. an on-premise solution) and integration with our Itron Mobile application and existing data collection radios.

2020

To better align internal efforts and our purpose as a company with the importance of environmental, social and governance (ESG) initiatives, Itron establishes its ESG strategy with an emphasis on our commitment to the U.N.& Sustainable Development Goals (SDGs)

2020

Itron is presented its third consecutive Public Safety Innovation of the Year award from IoT Breakthrough - two for our Intelis gas meter with an integrated safety shut off valve, and one for a waste water monitoring solution developed in partnership with US³

2021

Itron's utility customers have deployed 2 million distributed intelligence-enabled devices with another 6 million under contract. The DI platform is solving critical power grid challenges in innovative, new ways while providing greater customer service and engagement than ever before.

2021

Itron acquires Smart Efficient Lighting Control (SELC), a leader in the smart lighting controls industry and longtime partner. Our combined engineering talents, complementary technologies and deep domain expertise promise greater innovation and fast-tracked solutions for smart city customers.

2022

In its annual Environmental, Social and Governance report, Itron commits to several key goals to increase energy efficiency and reduce its carbon footprint, including: having carbon-neutral operations by 2035; becoming net-zero by 2050 or sooner; and join the Science-Based Target Initiative (SBTi) with alignment to the 1.5 degrees Celsius standard.

2023

Itron is the first in the industry to achieve a significant milestone by shipping its 1 millionth ultrasonic gas smart meter. The Intelis smart gas meter extends intelligence to the edge of the network, evolving the gas distribution network from a one-way gas delivery mechanism to an interactive energy network that can deliver gas more safely and efficiently.

2023

Itron extends the capabilities and reach of its distributed intelligence (DI) platform in several ways. First, two new products are introduced that enable DI to be included in third-party devices (via the DI NIC) and with additional communications options (via the Itron Edge Gateway). Second, a milestone is reached when Itron ships its 6 millionth DI-capable electricity smart meter.

2024

Ushering in a new era of grid edge intelligence and control, Itron unveils a refreshed brand identity that reflects our commitment, innovation and investment in the continued success of our industry and our customers. It represents a strategic move for Itron as we expand our offerings in several key areas—particularly as we extend more intelligence and greater control throughout the delivery system all the way to the grid edge—and enable the transition to cleaner energy and water delivery.

2024

Itron acquires Elpis Squared, an innovative provider of software and services for utility grid operations, expanding its Grid Edge Intelligence portfolio. The acquisition strengthens and complements Itron's solutions, adding expertise in grid planning, operations and engineering.