Xylem to Buy Sensus for $1.7 Billion to Add Meter Services

  • Sensus products estimated to grow at faster pace than Xylem’s
  • Purchase provides opportunities in gas, eletricity markets

Xylem Inc., a maker of wastewater and water treatment systems, agreed to acquire Sensus for about $1.7 billion to add faster-growing data and metering services to its portfolio.

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