Xylem Acquires Majority Stake in Idrica to Empower Water Utilities With Intelligent Solutions
Companies will further integrate solutions that help utilities accelerate digitalization and tackle critical challenges such as water scarcity and aging infrastructure
Global water solutions company Xylem (NYSE:XYL) today announced that it has acquired a majority stake in Idrica, a leader in water data management and analytics, to empower water utilities with intelligent solutions for their most critical challenges.
Xylem Vue, which combines Xylem's existing digital water solutions portfolio with Idrica's technology platform, empowers customers to address critical challenges such as water scarcity and aging infrastructure with real-time insights. Today's move will enable the two compani