Xylem announces acquisition of MultiTrode Pty Ltd
Mar 25, 2013
Xylem Inc., a leading global water technology company focused on addressing the world’s most challenging water issues, announced that it has acquired MultiTrode Pty Ltd, a privately held Australia-based water and wastewater technology and services company, for approximately $26 million. The actual terms of the transaction were not disclosed.
With its advanced monitoring and control technologies, MultiTrode helps municipal and private water and wastewater authorities realize significant savings on operating costs - reducing energy consumption, call-outs, failures, and overflows. MultiTrode’s technology and services portfolio includes pump station controllers and supervisors, level-sensing devices, web-based monitoring services, Supervisory Control and Data Acquisition (SCADA) software, panels, and engineering and integration services.
“As a standalone water company, an essential part of Xylem’s growth strategy is to acquire companies that complement our own technology and geographic presence to better meet the evolving needs of our customers,” said Gretchen McClain, Xylem's president and chief executive officer. “MultiTrode’s state-of-the-art and scalable platform builds on Xylem’s robust monitoring and control capability and will enable us to commercialize future products for the water and wastewater markets more quickly. By combining the insights gained through Xylem’s industry-leading installed base with MultiTrode’s technology, we will further position Xylem as a trusted source to solve our customers’ dynamic challenges through the efficient delivery of advanced monitoring and control capabilities.”
Based in Brisbane, MultiTrode Pty Ltd was founded in 1986 and has approximately 60 employees. With additional offices in the U.S. and the U.K., the company has extensive distribution channels throughout the world and recorded sales of approximately $13 million in fiscal 2012. Water authorities in more than 20 countries rely upon MultiTrode’s solutions to control and optimize some of the largest pump and lift stations in the world.
More News and Articles
Apr 17, 2024
News
Immersive media provides wastewater experience in Denmark
An immersive media experience (IMX) may not be what most people want when they think about industrial wastewater, but that is exactly what visitors can expect when they visit a new installation in the city of Kalundborg, Denmark.
Apr 15, 2024
News
Spotlight on gender diversity at Pipe Core
Since founding in 2008, Pipe Core’s team has grown across all areas of the business and is now in a position where there are more females than males across the organisation. Research published in Harvard Business Review found that “countries …
Apr 12, 2024
News
New Wave of Startups Scale Innovation to Solve Global Water Challenges
Innovators from Around the World Join Xylem’s 2024 Accelerator Program to Deploy Breakthrough Innovations for Utilities and Industrial Users of Water
Apr 08, 2024
News
Integrated sustainable electricity and clean drinking water systems
Altitude Water and New Use Energy Solutions have partnered to create integrated, mobile solar-plus-water generation systems that produce sustainable electricity and clean drinking water anytime, anywhere.
Apr 05, 2024
News
How to Evaluate Hydraulic Fracture Risk in HDD Design
The design of horizontal directional drill (HDD) installations often requires an evaluation of the potential for hydraulic fracture of the soil layers through which an HDD passes. Evaluating this risk during the design process is an important planning tool to …
Apr 02, 2024
News
Historic Project Linking Rome and Vatican City Uses Advanced Technology and Local Knowledge to Keep Water Flowing
Relocation of Major Sewer Infrastructure Enables Construction of Pedestrian Link for 35 Million Visitors to the 2025 Jubilee
Mar 27, 2024
News
USU Study Looks at Water Main Break Rates in the U.S. and Canada
Report Highlights Correlation Between Material and Diameter
Mar 26, 2024
News
Update BE-21: New Material in Course and Modules on Trenchless Pipe Installation
Online training on the topic of pipeline installation in civil engineering: Trenchless technology for underground drainage construction can be a resource-efficient, environmentally friendly, time-saving, and cost-effective alternative to open cut methods. The UNITRACC e-learning course "Utility Tunnelling" has been enhanced …
Mar 25, 2024
Article
Bacteria as a new weapon in wastewater treatment
In early November, San Diego based startup Aquacycl officially opened its first European office and test center at the Water Campus in Leeuwarden. The Netherlands Foreign Investment Agency (NFIA) and the Investment and Development Agency for the Northern Netherlands (NOM) …
Mar 22, 2024
News
A superior HDD offering
Building on its relationships with leading horizontal directional drilling companies, TRACTO Australia has delivered three new rigs to operator Superior HDD.
Mar 20, 2024
News
New portable water filtration technology could improve access to clean drinking water worldwide
The University of Texas at Austin has developed an injectable water filtration system with the aim to aid the over two billion people worldwide who are without clean drinking water.
Mar 18, 2024
News
Global Student Innovation Challenge Calls on Next-Generation Leaders to Tackle Water Security
High School and University Students Worldwide Invited to Expand Water Access and Community Resilience
Contact
Xylem Inc.
Jennifer Jacob
1133 Westchester Avenue
10604 White Plains, NY
United States
Phone:
+1 (914) 323-5745
Fax:
+1 (914) 323-5800