Ovarro has completed the acquisition of Datawatt, a Netherlands based business serving the domestic water and energy sectors with RTUs and asset SCADA solutions.
Ovarro is a subsidiary of US-headquartered Laurel Solutions and a market leading provider of Remote Telemetry Units (RTUs), acoustic leakage data loggers, secure SCADA systems and intelligent analytics software
Datawatt, established in 1977, provides technically advanced and innovative solutions used in various processes in the water, energy and general industry sectors. Remote monitoring and control by digital telemetry is a core competency. This, combined with partner-supplied equipment such as sensors, enables Datawatt to offer proven engineered solutions to customers operating geographically dispersed processes or assets.
Commenting on the acquisition, David Frost, CEO of Ovarro said:
“The Ovarro management team are delighted to welcome Datawatt to the Ovarro team and are firmly committed to continued investment in Datawatt’s people, technology and engineered solutions, so that together we may grow and develop our combined range of complimentary products and software services for all our customers in markets around the world,” said
Roy Gerding, General Manager of Datawatt, commented:
“The combination of Ovarro and Datawatt provides us with the opportunity to continue to support our established end markets and customers whilst leveraging the financial and human capital of the Ovarro business to expand our market position around the world.”
“Ovarro’s acquisition of Datawatt continues to demonstrate the investment strategy to further develop as an industry leading player in remote monitoring and control of critical assets, where safety, reliability, efficiency and productivity are of utmost importance,” added Martin Carter, CEO Laurel Solutions.
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