Xylem Acquires Majority Stake in Idrica to Empower Water Utilities With Intelligent Solutions
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Xylem has acquired a majority stake in Idrica, a company specializing in water data management and analytics, to enhance its offerings in intelligent solutions for water utilities.
December 10, 2024 | 12:30 pm
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Xylem's acquisition of a majority stake in Idrica aims to strengthen its position in providing intelligent solutions for water utilities, potentially enhancing its market offerings and competitiveness.
The acquisition of Idrica by Xylem is a strategic move to enhance its capabilities in water data management and analytics. This could lead to improved product offerings and increased competitiveness in the market, likely having a positive impact on Xylem's stock price in the short term.
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