Badger Meter Acquires 37South, Terms Undisclosed
Benzinga Newsdesk 23 hours ago
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The acquisitiongives Badger Meter a strong base in Australia and extends the BlueEdge® portfolio into the local market.Badger Meter, Inc. (NYSE:BMI) today announced that it has acquired 37South, an Australian utility
The acquisitiongives Badger Meter a strong base in Australia and extends the BlueEdge® portfolio into the local market.
Badger Meter, Inc. (NYSE:BMI) today announced that it has acquired 37South, an Australian utility technology and remote monitoring company based in Melbourne.
"The acquisition gives Badger Meter a strong base in Australia and a launch pad to extend the BlueEdge portfolio into the local market. 37South brings proven Australian deployments, established utility relationships and hands-on technical capability," said Kenneth C. Bockhorst, Chairman, President and Chief Executive Officer of Badger Meter.
37South ultra-low powered RTU and data logger products have supported operations across Australia’s utility sector since 2008.