[Dow Jones] Shares of clean-technology company Itron Inc. (ITRI) jump nearly 7% after the maker of advanced utility meters announces agreement with Cisco Systems Inc. (CSCO) to develop a communication platform for smart power grids. Itron will license Cisco's Internet protocol technology and include it in its OpenWay meters to allow wired and wireless communications among components of smart grids. Shares of Itron closed 6.8% higher at $57.65, up 41 cents after-hours; shares of Cisco up 3 cents after closing 1.4% higher at $20.26. (cassandra.sweet@dowjones.com)

Contact us in New York at 212-416-2800.

 
 
Itron (NASDAQ:ITRI)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Itron Charts.
Itron (NASDAQ:ITRI)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Itron Charts.