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    Home > Chemicals Industry > China Chemical > Instrument and meter enterprise mergers and acquisitions to expand power, acquisitions in the * quarter of 2021

    Instrument and meter enterprise mergers and acquisitions to expand power, acquisitions in the * quarter of 2021

    • Last Update: 2021-10-02
    • Source: Internet
    • Author: User
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    【Hot attention of Chemical Machinery Equipment Network】Instruments and meters are appliances or equipment used to detect, measure, observe, and calculate various physical quantities, material components, and physical parameters.
    Vacuum leak detector,Pressure gauges , length gauges, microscopes, multipliers, etc.
    are all instruments and meters.

     
    Hot attention of Chemical Machinery Equipment NetworkChemical machinery and equipmentInstrumentationPressure gauge
    Instruments are important "tools" for the development of science and technology.
    *Scientist Mr.
    Wang Daheng pointed out that "machines are tools for transforming the world, and instruments are tools for understanding the world.
    " The instrument is the "multiplier" of industrial production, the "pioneer" of scientific research, the "combat power" of the military, and the "materialized judge" of modern social activities.
    It goes without saying that instruments play a very important role in promoting the development of science and technology and the national economy in this era.

     

    In 2021, the instrumentation industry is booming and full of new machines.
    In order for instrumentation companies to seize the market heights and continue to grow themselves, mergers and acquisitions have gradually become one of the main methods.
    So in the 2021* quarter, what are the mergers and acquisitions in the instrumentation industry? We together look!
     

    8 billion dollars! Teledyne announces the acquisition of FLIR
     

      Industrial sensor giant Teledyne issued a press release announcing that it will acquire FLIR Systems, a thermal imaging sensor manufacturer, with stocks and cash.
    The transaction is valued at approximately US$8 billion.
    The transaction is expected to be completed in mid-2021 and will be subject to regulatory approval.
    FLIR was established in 1978, and its thermal imager products are used in the design of mobile devices (including iPhone) and used in the consumer market.

     

      Under the terms of the agreement, FLIR shareholders will receive $28.
    00 per share in cash and 0.
    0718 shares of Teledyne common stock, which means that based on Teledyne's 5-day trading volume weighted average price, the total purchase price per FLIR share is $56.
    00.
    Based on the 30-day volume-weighted average price on December 31, 2020, the transaction represents a 40% premium to FLIR shareholders.
    As part of the transaction, Teledyne arranged a $4.
    5 billion 364-day credit commitment to fund the transaction and refinance certain existing debt.

     

      Teledyne said that although the two companies are mainly manufacturing sensors for industrial and commercial customers, they actually focus on different areas.
    This makes the acquisition of FLIR's business complementary to its existing products.

     

      Rockwell Automation acquires cloud software company Fiix Inc.

     

      Rockwell Automation has completed the acquisition of Fiix Inc.
    FiixInc.
    is a private company that supports AI-enabled computerized maintenance management system (CMMS).
    It was established in 2008 and is headquartered in Toronto, Ontario, Canada.
    As the number of industrial interconnected assets increases exponentially, the ability to fully grasp the status of maintenance operations becomes increasingly important for manufacturers to gain a competitive advantage.
    In addition to core automation, this in-depth information can further increase productivity.

     

      Fiix's cloud-native CMMS can create workflows for scheduling, organizing, and tracking equipment maintenance.
    It can also seamlessly connect to business systems and drive smart decisions based on data.
    In 2019, the company's revenue increased by 70%, of which recurring revenue exceeded 85%.
    Fiix's asset management scale has exceeded 2 million, and annual work orders have exceeded 6 million.

     

      The addition of Fiix fits perfectly with Rockwell Automation's software strategy.
    This move also enhances Rockwell Automation's capabilities in life cycle service business, and then provides * * industrial automation services to help customers maximize the value of their production assets, systems, factories and processes.
    This move can also show that Rockwell Automation is committed to helping customers promote sustainable development.
    Through CMMS, companies can improve operational efficiency, reduce waste and energy consumption, while also saving money.

     

      AMETEK acquires Abaco Systems for US$1.
    35 billion
     

      In March, AMETEK announced that it had reached a final agreement with Veritas Capital to acquire Abaco Systems, Inc.
    , a supplier of mission-critical embedded computing systems*, in an all-cash transaction of US$1.
    35 billion.
    Abaco Systems specializes in providing open-architecture computing and electronic systems for the aerospace, defense and professional industrial markets.
    Its rugged products can withstand harsh operating environments such as high temperature and high vibration.

     

      Abaco Systems is headquartered in Huntsville, Alabama, with annual sales of approximately US$325 million.
    The transaction is subject to customary closing conditions, including applicable regulatory approvals, and is expected to be completed in mid-2021.
    After the transaction is completed, Abaco Systems will join AMETEK as part of its Electronic Instrument Group (EIG).
    The group is the largest in the field of analysis, monitoring, testing, calibration and display instruments, with annual sales of US$3 billion.

     

      Keysight Technologies announces the completion of the acquisition of Sanjole
     

      Keysight Technologies announced that it has completed the acquisition of Sanjole, a provider of decoding and interoperability solutions for 4G, 5G and other wireless protocols.

     

      With the development of 5G technology and the expansion of private 5G networks, customers will benefit from an integrated solution that enables them to troubleshoot problems in complex communication systems.
    The hardware and software technology provided by Sanjole enables customers in the entire communications ecosystem (from chipset manufacturers to operators to network equipment manufacturers) to identify and solve problems between the device and the network under test, thereby ensuring the quality of communication.

     

      The acquisition of Sanjole supports Keysight's goal of providing a comprehensive and innovative portfolio of 5G solutions in the development of communications technology.
    Sanjole's hardware and software products complement Keysight's 5G product portfolio and will enhance the company's solutions for modem, chipset and radio access network (RAN) customers.
    Together, Keysight and Sanjole will provide interoperability tests that have been verified by communication standards, enabling rapid commissioning and accelerating customer deployment time.

     

      Sanchuan Wisdom intends to acquire 100% equity of Sanchuan Technology for 57 million yuan
     

      On March 25, Sanchuan Wisdom issued an announcement that the tenth meeting of the sixth board of directors of the company reviewed and approved the "Proposal on the Acquisition of 100% Equity Interests and Related Transactions of Jiangxi Sanchuan Technology Co.
    , Ltd.
    " and agreed that the company would pay 57 million yuan in cash.
    The purchase price of RMB 100 from Yingtan Sanchuan Pump Co.
    , Ltd.
    ("Sanchuan Pump"), Hu Fengyun, Liu Yaowen, Li Shengzu, Zhang Chunjie, Peng Bo, Xiao Xiaoling, Zeng Fujin, Wang Chong, Zhu Liangping, Tong Jianbin and Sanchuan Technology 100 % Of the equity, after the completion of the transaction, Sanchuan Technology will become a wholly-owned subsidiary of the company.
    The company and Sanchuan Technology’s shareholders Sanchuan Pump, Hu Fengyun, Liu Yaowen, Li Shengzu, Zhang Chunjie, Peng Bo, Xiao Xiaoling, Zeng Fujin, Wang Chong, Zhu Liangping, and Tong Jianbin signed the Equity Transfer Agreement on March 25, 2021.

     

      It is reported that Sanchuan Technology is mainly engaged in the research, production, sales and service of secondary water supply equipment.
    Its main products include SCWG series non-negative pressure pipe network superimposed and stable flow water supply equipment, SCBP series variable frequency air pressure water supply equipment and smart pumping rooms.
    Sanchuan Technology has a number of sales branches and after-sales service systems in China.
    Its existing customers include real estate companies, water companies and other water supply companies in Jiangxi, Sichuan, Guizhou, Henan and other places.

     

      Sanchuan Wisdom focuses on water, taking scientific water and healthy drinking water as its mission, and wading related industrial chain as its development goal, and is committed to becoming the most reliable water metering service provider, smart water service provider and water service provider.
    Big data service enterprise.
    This transaction is an extension and expansion of the company’s product line, which is conducive to further optimizing the listed company’s business system, improving the industrial layout, giving play to the synergistic advantages of both parties’ businesses, conducive to the company’s implementation of vertical integration, building an overall competitive advantage in the business chain, and enriching The company's product line.

     

      Original title: Instrument and meter enterprise mergers and acquisitions to expand power, acquisitions in the 2021* quarter
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