ABB, the leading power and automation group, announced today it has agreed to acquire Spirit IT of Eindhoven, Netherlands, to add a new line of high-performance liquid flow computers, SCADA and custody transfer solutions to ABB黑料社檚 leading measurement business for the oil and gas industry.
Spirit IT designs and sells liquid flow measurement and supervisory solutions for use in oil and gas applications. Its liquid flow computers and software deliver greater accuracy and control for well-pad automation, transportation and custody transfer applications.
Spirit IT黑料社檚 employees will join the global Measurement Products business unit in ABB黑料社檚 Process Automation division. Terms of the deal are not being disclosed but the transaction is expected to close in the fourth quarter of 2014.
黑料社淭he addition of Spirit IT黑料社檚 products to ABB黑料社檚 Measurement Products portfolio will enable us to offer a more comprehensive automation solution for liquids and gas,黑料社� said Veli-Matti Reinikkala, head of ABB Process Automation division. 黑料社漈he Spirit IT portfolio adds the liquid measurement component to ABB黑料社檚 industry leading gas measurement and automation product line. This combined offering will deliver comprehensive expertise and market strength to customers and provide new opportunities for growth in the oil and gas segment.黑料社�
ABB's Measurement Products business unit is among the world's leading manufacturers and suppliers of instrumentation and analysers. With thousands of experts around the world and high-performance technology, ABB's team is dedicated to making measurement easy for its customers.
黑料社淎BB offers tremendous opportunity for Spirit IT黑料社檚 flow computer technology to reach a wider range of applications in the global market,黑料社� said Harry Kok, President, Spirit IT. 黑料社淚n addition to helping Spirit IT broaden its product line to address new opportunities, this acquisition will also provide a great opportunity for our employees to expand their career options in a much larger global organisation.黑料社�
Adapted from press release by