ABB, the power and automation group, completed its acquisition of Spirit IT of Eindhoven, Netherlands. The acquisition, announced July 25, adds a new line of high-performance liquid flow computers, SCADA and custody transfer solutions to ABB’s 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, according to ABB.
The acquisition complements ABB’s Measurement Products portfolio by enabling the company to offer a more comprehensive automation solution for liquids and gas. It adds the liquid measurement component to ABB’s gas measurement and automation product line and provides new opportunities for growth in the oil and gas segment.
Spirit IT’s employees will join the global Measurement Products business unit in ABB’s Process Automation division. Terms of the deal were not disclosed.
For more information, visit: www.abb.com
