ABB Acquires Optical Sensor Company

ABB announced that it has agreed to acquire Canadian company Real Tech, a leading supplier of optical sensor technology that enables real-time water monitoring and testing. Through the acquisition, ABB will expand its presence in the water segment and complement its product portfolio with optical technology critical for smart water management. Financial terms of the transaction that is expected to close in Q1 2024 were not disclosed.

“We are excited to welcome all our new colleagues to the ABB family. We look forward to jointly driving the innovation and growth journey of Real Tech. Joining forces with ABB will accelerate the deployment of Real Tech's technologies through the vast ABB global sales and service network, making a step change in access to market. The acquisition is an important part of ABB Measurement & Analytics’ strategy, which includes adding advanced environmental technologies to the portfolio.” said Jacques Mulbert, Division President, ABB Measurement & Analytics.

Real Tech’s portfolio includes optical sensors, controllers and a suite of optional accessories that allow each system to be configured according to customer needs. Leveraging the power of light, the sensors measure water composition. They use spectrophotometry and fluorescence measuring techniques to move testing from the lab to the process environment for real-time use. Liquid AI®, a proprietary AI software platform, completes the service offering, providing an easy and accurate way to analyze data from Real Tech sensors.

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