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Announced

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CrescoNet completed the acquisition of Smart Earth Technologies.

Synopsis

CrescoNet, a provider of advanced metering infrastructure and internet of things solutions, completed the acquisition of Smart Earth Technologies, a platform to the water utility industry. Financial terms were not disclosed. "As utilities consider the sunset-stage of earlier generation, proprietary AMR/AMI systems, our cloud and LTE/5G-based solutions provide a refreshing, infrastructure-free approach to network migration, best-of-class software integration, new use cases, recurring operating savings, and customer satisfaction," John Stafford, CrescoNet President.

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