Emerson Electric (
www.emerson.com/en-us), which makes factory automation equipment, has acquired Sussex-based Permasense.
A spokesman for Emerson said that Permasense (
www.permasense.com), which has its headquarters in Horsham, is a “world leader in the field of continuous integrity monitoring for the oil and gas production, refining and power industries, providing real-time data-to-desk measurement of fixed-equipment wall thicknesses in inhospitable and inaccessible environments.
The company’s non-intrusive integrity monitoring systems use proprietary sensor technology and wireless data delivery to continuously monitor pipes for metal loss from corrosion or erosion, and reliably deliver high-integrity data even in the most difficult environments”.
The deal has provided an exit for Imperial Innovations Group, which owned a 23% equity stake in Permasense. Jon Edington, director of technology ventures at Imperial, said: “Emerson’s global presence and financial strength will allow Permasense to further enhance its market-leading position, broaden its international reach and invest in further product development.”