Switzerland-based power and automation company ABB will acquire Spirit IT, Eindhoven, Netherlands, to add a new line of high-performance liquid flow computers, SCADA and custody transfer solutions to ABB’s 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 accuracy and control for well-pad automation, transportation and custody transfer applications.
“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 Veli-Matti Reinikkala, head of ABB Process Automation division. ”The Spirit IT portfolio adds the liquid measurement component to ABB’s 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.”