Xylem Boosts Portfolio With Acquisition of Majority Stake in Idrica

Xylem Inc. (XYL) recently completed the acquisition of a majority stake in Idrica. The financial terms of the transaction have been kept under wraps.Idrica is a water cycle management company that drives digital transformation in utilities through advanced water technology. It utilizes data management and analytics to streamline water-cycle operations globally.Xylem’s Acquisition RationaleXylem Vue combines Xylem’s digital water solutions and Idrica’s technology platform. It helps customers solve key challe ...