Xylem Acquires MSP Sensus in $1.7 Billion IoT Play

Xylem Inc., a leader in global water technology, announced today that it has signed an agreement to acquire Sensus, a leading provider of smart meters, network solutions and advanced data analytics for water, electric and gas industries, for approximately $1.7 billion in cash, according to a joint statement.

The deal will move Xylem into the business of real-time monitoring of water and energy consumption. Read the full article here.
Sensus IoT Smart City Infographic