ABB has transferred its oil and gas EPC business into a joint venture with Arkad Engineering, Arkad-ABB.
AspenTech has acquired Apex Optimisation, developer of the GDOT generic dynamic optimization technology.
Hunter Group’s attempt to acquire IKM Subsea & Technology was thwarted when key shareholder Arne Fredly indicated that he would vote against the transaction.
Intertek is to acquire Proasem, a Colombian testing and inspection business.
Oceaneering has acquired Ecosse Subsea for approximately £50 million.
Quorum Software is to acquire Entero, developer of the Mosaic software package.
Siemens has acquired Agilion GmbH, a developer of real-time locating systems.
CEO Darren Larkins and president and CTO Denis Morais have bought-out the shipbuilding software development company SSI from founder Rolf Oetter.
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