Siemens Energy & Automation, Atlanta, signed an asset purchase agreement to acquire Controlotron Corp., headquartered in Hauppauge, N.Y.
Terms of the deal, which is expected to close in May, were not disclosed.
Controlotron is a leader in nonintrusive ultrasonic flow measurement and is expected to enhance Siemens’ position in this segment of the market.
Siemens intends to operate the company from its Hauppauge location. Controlotron employs approximately 120 people
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