[…]
US smart-city software company Iteris has sold to Italian outfit Almaviva Group for $335 million. Iteris provides infrastructure management solutions and consultancy. The deal covers 100 percent of its Nasdaq capital, priced at $7.20 per share, and is funded by a €725 million bond (with a fair value of about $784 million) on the Luxembourg […]
The post Smart-city firm Iteris sold for $335m to Italian system integrator Almaviva appeared first on RCR Wireless News.