Siemens Acquires Controlotron
Controlotron and Siemens have signed an agreement whereby Siemens is to acquire the business activities of Controlotron, Hauppauge, New York, USA. Controlotron, a leading manufacturer of ...
... ultrasonic clamp-on flowmeters, employs a staff of around 120 and has a global sales network that is to be integrated into the Siemens organization. Take-over of the business activities is planned for May 2006.
According to Anton S. Huber, A&D Vice President, flowmeters account for around a quarter of today's requirement for process instrumentation: "The acquisition of Controlotron's flowmeter activities continues the consistent expansion of our process automation sector. Controlotron's innovative, non-intrusive flow meters are an outstanding supplement to our product portfolio in process instrumentation, consolidating our competitive position and making us an even more attractive partner for our customers".
The ultrasonic clamp-on devices from Controlotron calculate the flow of liquids or gases extremely accurately without intervening in the pipeline. Two sensors are clamped onto the outside of the pipe for this purpose. Key applications include the oil and gas industry, the water/wastewater sector, and energy and pipeline applications.
The Siemens Automation and Drives Group (A&D), Nuremberg, Germany, is the leading manufacturer in this field worldwide. Products supplied by A&D include standard products for the manufacturing and process industries and for the electrical installation industry as well as system solutions, for example for machine tools, and solutions for whole industries such as the automation of entire automobile factories or chemical plants. Supplementing this range of products and services, A&D also offers software for linking production and management (horizontal and vertical IT integration) and for optimizing production processes. A&D employs 60,800 people worldwide and in fiscal year 2005 (to September 30) earned a group profit of €1,210 million on sales of €9,844 million and orders of €10,190 million.
Source: Siemens Aktiengesellschaft