Milwaukee, Wisconsin-based Badger Meter, Inc. — a manufacturer of flow measurement, control and communications solutions — announced Jan. 5 the acquisition of Syrinix, Ltd., a privately held provider of intelligent water monitoring solutions, for £15 million (approximately $18.25 million USD). Badger Meter said the acquisition was funded with available cash.
Syrinix specializes in high-frequency pressure monitoring and leak detection within water distribution and collection networks.
“We are pleased to add the hardware-enabled software capabilities of Syrinix into our smart water solutions portfolio,” said Kenneth C. Bockhorst, Chairman, President and CEO of Badger Meter. “Leveraging our industry-leading ORION Cellular endpoints and BEACON Software as a Service, we continue to expand our comprehensive digital solutions to operationalize real-time data into actionable insights that improve efficiency, resiliency and sustainability. I look forward to working alongside the talented Syrinix team to further our aim to preserve the world’s most precious resource.”
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