Xylem Analytics Portfolio Expanded with HYPACK Acquisition
News Nov 11, 2015
News of the acquisition was shared in the Company’s third quarter earnings announcement. Other terms of the transaction were not disclosed.
Located in Middletown, Connecticut, HYPACK is a leading provider of hydrographic survey data acquisition, processing, and visualization software. Used by government agencies, universities, and consultants, HYPACK products measure and map features in bodies of water in connection with maritime navigation, marine construction, dredging, offshore oil exploration, pipeline surveys, habitat assessments and search & recovery efforts. HYPACK expects to generate revenue of approximately $8.5 million in 2015.
“The addition of HYPACK’s premium products and application expertise supports our strategy to acquire attractive businesses that complement our global analytics portfolio, and our continued commitment to provide the best solutions to the tough challenges our customers face every day across the water industry,” said Colin Sabol, Xylem’s Senior Vice President and President of Analytics and Treatment. “HYPACK’s bathymetric products and services, partnered with long-standing customer relationships will further expand our ocean and coastal capabilities. HYPACK will stand proudly next to the ocean and coastal experts from Xylem brands like SonTek, Aanderaa and YSI.”
Lake gives Clues to Earth's Ancient AtmosphereNews
A sample of ancient oxygen, teased out of a 1.4 billion-year-old evaporative lake deposit in Ontario, provides fresh evidence of what the Earth’s atmosphere and biosphere were like during the interval leading up to the emergence of animal life.READ MORE
Beach Water Quality Forecasting at Your FingertipsNews
Researchers have identified computer models that provide accurate short-term forecasts, or “nowcasts,” of beach water quality. This could improve on current methods that can require up to 24 hours to obtain results.READ MORE