Done deals

Emerson acquires Permasense. Lloyd’s Register has acquired Rtamo and is to hook-up with Greenfence. Optime Subsea Services to merge with Telemark Technologies. Drillinginfo buys Globalview and Ponderosa Energy’s information assets. Circor acquires Critical Flow Solutions.

Emerson is to acquire UK-based Permasense, a provider of non-intrusive corrosion monitoring technologies for the oil and gas and other verticals. Permasense will integrate Emerson’s Rosemount portfolio and will complement the Roxar sand management system.

Lloyd’s Register has acquired Rtamo Ltd. (real time adaptive maintenance optimization), an Aberdeen-based software consultancy. Rtamo clients include Maersk, BG Group and Shell. Earlier this year, LR announced a collaboration with Silicon Valley-based Greenfence, a testing, inspection and certification specialist.

Norway’s Optime Subsea Services is to merge with engineer Telemark Technologies. Concomitant with the merger, Norwegian VC Holta Invest will take a ‘significant share’ in Optime. The merged company will be located at the Telemark Technology Park at Notodden in Norway’s ‘Subsea Valley’ industry cluster.

Drillinginfo is in acquisition mode and has just bought Globalview along with Ponderosa Energy’s product lines and services. Poderosa Energy’s databases and analytical tools (The Fundamental Edge and ProdCast) will integrate the Drillinginfo portfolio as will GlobalView’s risk and data management solutions.

A Sun Capital Partners affiliate has sold Critical Flow Solutions to Circor International for some $210 million. Critical Flow incorporated three Curtiss-Wright units, DeltaValve, TapcoEnpro and Groquip.

This article originally appeared in Oil IT Journal 2016 Issue # 9.

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