BMI - Mergers and acquisitions

Badger Meter, Inc. (NYSE:BMI) today announced the acquisition of Syrinix, Ltd., a privately held provider of intelligent water monitoring solutions, for £15 million, funded with available cash. Founded in 2010 and headquartered in the UK, Syrinix specializes in high-frequency pressure monitoring and leak detection within water distribution and collection networks. Its remote network monitoring equipment and cloud-based software platform deliver data, customized alerts and insights that empower customers with real-time asset monitoring to reduce water loss and improve asset life. Kenneth C. Bockhorst, Chairman, President and Chief Executive Officer, Badger Meter, stated, "We are pleased to

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today announced the acquisition of Analytical Technology, Inc. (“ATi”), a privately held provider of water quality monitoring systems, for $44 million, funded with available cash. Founded in 1992, with headquarters in Collegeville, Pennsylvania, USA, ATi specializes in the design, manufacture and distribution of water quality instruments based on electrochemical and optical sensors. In addition to water quality parameters, its technology is also used to detect toxic gasses used in water treatment and other applications. With 2020 revenue of approximately $22 million, ATi solutions are deployed predominately in the U.S. a