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Pure Technologies Acquires Electromechanical Technologies
Pure Technologies Ltd. has completed the purchase of the business and assets of Electromechanical Technologies Inc. (EMTEK), a Salt Lake City-based developer of advanced pipeline inspection technologies.
Commenting on the transaction, Jack Elliott, Pure's president and COO, said, "The ground-breaking extra-high resolution magnetic flux leakage (XHR-MFL) systems developed by EMTEK will immediately position Pure as the industry leader in condition assessment of ferrous water and wastewater pipelines. Conventional MFL is a well-established technique for inspecting oil and gas pipelines; however, the internal cement mortar-lining common in water pipelines has always created challenges. EMTEK's patented technology has overcome these challenges.
"While the majority of our growth to date has come from the inspection, condition assessment and monitoring of prestressed concrete pressure pipelines, this type of pipe represents less than 5 percent of the total installed base of pressure pipe around the world. The EMTEK technology opens up a much larger available market to us, and complements our SmartBall and Sahara solutions for leak detection and condition assessment, which are applicable to all types of pressure pipe.”
EMTEK's solutions will be delivered through Pure’s regional offices in the Americas, Middle East and Australia; through its Hong Kong joint venture in greater China; and through selected licensees. 855.280.PURE (7873); www.puretechltd.com