March 5 (Reuters) - Itron Inc ( ITRI ):

* ITRON INC ( ITRI ) - ON MARCH 1, 2024, CO COMPLETED ACQUISITION OF

100%

OF SHARES ELPIS2, INC

* ITRON ( ITRI ) - PURCHASE PRICE FOR ACQUISITION IS $35 MILLION,

WITH

ADJUSTMENT FOR FINAL WORKING CAPITAL AMOUNT, TO BE DETERMINED 90

DAYS FOLLOWING DEAL'S CLOSE

* ITRON INC ( ITRI ) - PURCHASE WAS FUNDED THROUGH CASH ON HAND

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