Business News 3
ABB acquires innovative optical sensor company to expand smart water management offering
ABB has announced that it has agreed to acquire Canadian company Real Tech, a leading supplier of innovative optical sensor technology that enables real-time water monitoring and testing. Through the acquisition, ABB will expand its strong presence in the water segment and complement its product portfolio with optical technology critical for smart water management. Financial terms of the transaction that is expected to close in Q1 2024 were not disclosed.
Unlike traditional water quality measurement, which can be a time- consuming process, Real Tech’s product portfolio provides critical measurements in real time. This enables better process control and continuous water quality assurance. Real Tech’s patented solutions cover the entire digital water value chain for water quality monitoring with a focus on data creation and analytics.
Credit: M-Production -
stock.abobe.com
Real Tech’s portfolio includes optical sensors, controllers and a suite of optional accessories that allow each system to be configured according to customer needs. Leveraging the power of light, the
sensors measure water composition. They use spectrophotometry and fluorescence measuring techniques to move testing from the lab to the process environment for real-time use. Liquid AI®
, a proprietary AI software platform, completes the service offering, providing an easy and accurate way to analyze data from Real Tech sensors. The company has approximately 40 employees and is based in Whitby, Ontario.
“We are excited to welcome all our new colleagues to the ABB family,” said Jacques Mulbert, Division President, ABB Measurement & Analytics. “We look forward to jointly driving the innovation and growth journey of Real Tech. Joining forces with ABB will accelerate the deployment of Real Tech’s technologies through the vast ABB global sales and service network, making a step change in access to market. The acquisition is an important part of ABB Measurement & Analytics’ strategy, which includes adding advanced environmental technologies to the portfolio.”
“When we founded Real Tech almost 20 years ago, we were set on developing optical sensor technology that would advance the management of water into a new era,” said Jodi Glover, CEO and co-founder of Real Tech. “Our real-time water quality monitoring sensors and data analytics capabilities are empowering our clients, both utilities and industries that manage water in their operation and manufacturing processes, with the critical insights they need every minute, every day. We look forward to becoming part of ABB with our shared vision to create a more sustainable future.”
According to the UN, 2.2 billion people lack access to safely managed drinking water, while more than 4.2 billion people lack safely managed sanitation. At the same time, only 11 percent of the world’s treated wastewater is reused and around half of the world’s untreated wastewater still enters rivers, lakes, and seas. Advancements in water sensor technology and artificial intelligence can aid in efficient water and wastewater management. Investment in water quality monitoring, water treatment and water infrastructure has expanded dramatically worldwide. In the US, an unprecedented $111 billion is being invested in upgrading water infrastructure over a 10-year period.
More information online:
ilmt.co/PL/LoNJ For More Info, email:
email:
61796pr@reply-direct.com
Xybion completes acquisition of Autoscribe Informatics, to expand its Laboratory Information Management System (LIMS) business
Xybion Corporation have announced the acquisition of Autoscribe Informatics. This acquisition represents a significant strategic expansion in the company’s Laboratory Information Management System (LIMS) business globally.
For More Info, email: email:
Autoscribe is a globally recognised LIMS software provider headquartered in the United Kingdom, with additional operations in the United States and Australia. Autoscribe LIMS provides multi- industry domain solutions, easy to use and configure software that is currently used by over 140 customers. This acquisition aligns with Xybion’s vision of fast-tracking lab digitisation and information management SaaS solutions to simplify lab operations and speed up innovation.
For More Info, email: email:
Dr. Pradip K. Banerjee, CEO of Xybion, articulates, “The acquisition of Autoscribe marks a significant strategic milestone in Xybion’s expansive growth strategy. The inclusion of Autoscribe’s geographic presence, particularly in the United Kingdom, and its specialized talent pool will substantially augment the growth trajectory of Xybion’s LIMS business sector, encompassing an array of fully developed LIMS product modules across diverse global industries.”
John Boother, founder of Autoscribe, stated “I believe that Xybion is the right home for the next phase of Autoscribe’s development. I feel that the Autoscribe employees will be highly valued and respected, and our products and technologies will be a strong foundation for LIMS business into the future as part of Xybion.”
This acquisition ushers in a strategic and transformative opportunity for Xybion, its customers, and partners creating a unique and unparalleled LIMS offering for global enterprises. This will not only help expand Xybion’s existing position in the life sciences and health systems market, but also broadens its horizon into additional sectors such as food & beverage, manufacturing, petrochemicals, radio pharmacy, biobanking, veterinary sciences,
environment & water, materials & mining, among others.
Austoscribe and Xybion’s combined capabilities will help its customers with cloud enabled, modern LIMS software with embedded quality management, document management, data management, compliance, and safety modules.
With the acquisition of Autoscribe Informatics, Xybion is strategically positioned to offer exceptional value and innovation in the LIMS sector, reinforcing its commitment to excellence, innovation, and digital transformation of laboratories in these rapidly evolving industries.
“Autoscribe LIMS allows limitless configurations with no custom coding. Autoscribe and Xybion’s combined industry expertise, alongside our product and technological foundation, will be integral to driving lab digitization efforts for our customers to the next level,” stated Kamal Biswas, President and COO of Xybion.
For More Info, email: email:
For More Info, email:
61624pr@reply-direct.com
THE WORLD’S LARGEST HYDROELECTRIC POWER PLANT IS THE THREE GORGES DAM IN CHINA, WHICH HAS A CAPACITY OF 22.5GW
IN GERMANY, RESEARCHERS HAVE DISCOVERED THAT 97% OF CHILDREN BETWEEN THE AGES OF 3 AND 17 YEAR-OLDS HAVE PLASTIC AND MICROPLASTIC DEBRIS IN THEIR BODIES. THE CHILDREN ARE LIKELY BEING EXPOSED IN THEIR HOMES, VIA THEIR CLOTHING, THROUGH FOOD AND IN THEIR SURROUNDING ENVIRONMENT
ONE BILLION TONS OF PRECIPITATION FALLS EVERY MINUTE GLOBALLY
THE MESOPOTAMIANS INTRODUCED CLAY SEWER PIPES AROUND 4000 BCE, WITH THE EARLIEST EXAMPLES FOUND IN THE TEMPLE OF BEL AT NIPPUR AND ESHNUNNA
DID YOU KNOW?
CHLORINE TRIFLUORIDE IS KNOWN TO BE THE MOST FLAMMABLE CHEMICAL GAS. IT IS A COLOURLESS AND HIGHLY REACTIVE GAS THAT CAN BURN THROUGH CONCRETE AND GRAVEL
WWW.ENVIROTECH-ONLINE.COM
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52
