Battery Ventures PST收购AII公司,和密析尔MICHELL一同并入过程测量平台

red

Battery Ventures’ Process Sensing Technologies Acquires Analytical Industries Inc., Manufacturer of Oxygen Analysis SolutionsCompany Joins Michell Instruments as Part of Battery’s Process Measurement Platform

登录/注册后可看大图

Battery Ventures, a global investment firm, has reached an agreement for its platform in the process-measurement market, Process Sensing Technologies (PST), to acquire Analytical Industries Inc. (AII), a manufacturer of electrochemical oxygen sensors and gas-analysis products. AII, based in Pomona, CA, will join Battery’s portfolio of process-measurement and analysis companies, including Michell Instruments, which Battery acquired in October 2016.    全球投资公司Battery Ventures已经就过程测量市场Process Sensing Technologies（PST）平台达成协议，收购了电化学氧传感器和气体分析产品制造商Analytical Industries Inc.（AII） 。 AII总部位于加利福尼亚州波莫那，将加入Battery公司的过程测量和分析公司，包括Battery’在2016年10月收购的Michell Instruments（密析尔仪表公司）。          The combination of Michell Instruments and AII will create a leading platform of comprehensive process-sensing technologies with global reach. Terms of the transaction were not disclosed. Founded in 1994, Analytical Industries manufactures oxygen sensors and analyzers for process-control and safety applications across industrial, medical, and diving markets. The company’s electrochemical-sensing technology and U.S. market presence provide a strong complement to Michell Instruments’ existing product offering and geographic reach. Both companies’ solutions are used by customers across the globe to ensure production quality as well as to optimize production and operating efficiency. AII will continue its proud tradition of high-quality manufacturing in Pomona, CA.          Adam Markin, PST group CEO said, “The combination of Analytical Industries with Michell Instruments will enable us to accelerate new product development, deepen our technical expertise, expand our geographic presence and broaden our product and service offerings. We are looking forward to working with management to grow the business and meet their long-term objectives.”         “After closing the acquisition of Michell Instruments in October, it is exciting to make such quick progress in expanding our product portfolio across the PST platform with Analytical Industries,” said Jesse Feldman, a Battery Ventures general partner. “We continue to find complementary companies with strong technologies to bring to the group and are focused on serving more customers on a global basis with a wide range of market-leading products.”          Battery is continuing to expand its investment activity in the industrial-technology markets and has completed more than 40 industrial-related transactions across the U.S. and Europe since 2003.