Done deals

ABB, Arkad Engineering merger. AspenTech acquires Apex Optimisation. Hunter Group’s IKM Subsea acquisition thwarted. Intertek to acquire Proasem. Oceaneering acquires Ecosse Subsea. Quorum Software acquires Entero. Siemens acquires Agilion GmbH. SSI management buy-out.

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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