Online process analyzer company acquired
Schneider Electric has acquired Applied Instrument Technologies (AIT), a provider of online process analyzers for the hydrocarbon, petrochemical, chemical, pharmaceutical and steel-making industries. Based in Upland, Calif., AIT has an installed base of more than 1,000 systems and a breadth of spectroscopy and chromatography solutions, including a comprehensive portfolio of process analyzers and associated implementation services. Its technology improves process optimization, asset protection and compliance with environmental regulations, allowing customers to better manage and improve their operational profitability. The acquisition builds on a partnership the two companies established in 2015. The acquisition intends to provide Schneider Electric the ability to extend its process measurement, automation and safety solutions to a broader customer base, especially in fuels blending, petrochemicals and gas processing. AIT and its offerings will be fully integrated into Schneider Electric’s process automation business and will continue to be managed by its existing executive team.
– Edited from a Schneider Electric press release by CFE Media. See more Control Engineering process sensor and actuator stories.