Itron, a US-based smart energy and water solutions company, has announced the acquisition of Israeli startup Locusview for $525 million. Locusview, founded in 2014, specializes in digital construction management platforms and had previously raised $75 million. Major investors set to benefit from the deal include Israel Growth Partners, Claltech, OurCrowd, and several institutional investors. The acquisition is expected to close in the first quarter of 2026, pending regulatory approvals in multiple regions. Both companies' leaders highlighted the potential to accelerate digital transformation for critical infrastructure providers worldwide.