Netmore completed the acquisition of Arson Metering.

Netmore, a network operator for Massive IoT, completed the acquisition of Arson Metering, a technology-based company specializing in intelligent water and gas management. Financial terms were not disclosed. “Acquiring Arson Metering is another transformative step for Netmore as we expand our ability to provide end-to-end solutions for utility automation and modernization across the globe. Arson Metering’s innovative utility solutions and proven track-record for delivering best-in-class KPIs align with our mission to provide high quality, reliable, and easy to use solutions with world leading support. Together, we’ll help municipalities and utilities tackle pressing challenges like water scarcity, leakage, and resource constraints, delivering measurable value to customers and communities,” Ove Anebygd, Netmore Group CEO.