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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海角吃瓜网檚 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海角吃瓜网檚 employees will join the global Measurement Products business unit in ABB海角吃瓜网檚 Process Automation division. Terms of the deal are not being disclosed but the transaction is expected to close in the fourth quarter of 2014.

海角吃瓜网淭he addition of Spirit IT海角吃瓜网檚 products to ABB海角吃瓜网檚 Measurement Products portfolio will enable us to offer a more comprehensive automation solution for liquids and gas,海角吃瓜网� said Veli-Matti Reinikkala, head of ABB Process Automation division. 海角吃瓜网漈he Spirit IT portfolio adds the liquid measurement component to ABB海角吃瓜网檚 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.海角吃瓜网�

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.

海角吃瓜网淎BB offers tremendous opportunity for Spirit IT海角吃瓜网檚 flow computer technology to reach a wider range of applications in the global market,海角吃瓜网� said Harry Kok, President, Spirit IT. 海角吃瓜网淚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.海角吃瓜网�

Adapted from press release by

Read the article online at: /business-news/25072014/abb-acquires-spirit-it/