By adding innovative liquid flow computers and software for oil and gas applications, ABB boosts its offering in smart metering and control for custody transfer of oil and gas between operators.
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’s employees will join the global Measurement Products business unit in ABB’s Process Automation division. Terms of the deal are not being disclosed but the transaction is expected to close in the fourth quarter of 2014.
“The addition of Spirit IT’s products to ABB’s Measurement Products portfolio will enable us to offer a more comprehensive automation solution for liquids and gas,” said
ABB's Measurement Products business unit (www.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 offers tremendous opportunity for Spirit IT’s flow computer technology to reach a wider range of applications in the global market,” said
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