PRZOOM - /newswire/ -
Cary, NC, United States, 2013/10/01 - Adds innovative gas analytical measurement and enhanced laser capabilities to expand ABB’s measurement products and services in oil and gas, electric power and other industrial sectors - LGRInc.com / ABB.com. NYSE: ABB
ABB, a global leader in electric power and automation, today completed its acquisition of Los Gatos Research (LGR) of Mountain View, California. The acquisition, announced May 2, adds a new line of high-performance gas analyzers to ABB’s leading measurement products business.
LGR (lgrinc.com), a 19-year-old, 40-person company provides analyzers and services to a wide range of customers needing real-time measurement of trace gases and isotopes for research and environmental monitoring. Its novel and innovative laser-based measurement strategies allow for non-destructive analysis of gases and liquids.
The acquisition complements ABB’s existing measurement technology portfolio with a number of new solutions for industrial customers in oil & gas production and transportation, combustion, emissions, power generation and environmental monitoring. LGR can now better serve its customers and further expand its business in the environmental, scientific and industrial markets.
LGR’s employees will join the global Measurement Products business unit in ABB’s Process Automation Division. Terms of the deal were not disclosed.
ABB's Measurement Products business unit (abb.com/measurement) is among the world's leading manufacturers and suppliers of instrumentation and analyzers. With thousands of experts around the world and high-performance technology, ABB's team is dedicated to making measurement easy for its customers.
ABB (abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 145,000 people. The company's North American operations, headquartered in Cary, N.C., employs more than 30,000 people.