Schneider Electric Expands Process-Solutions Biz through Acquisition of Applied Instrument Technologies (AIT)
Jane Alexander | October 24, 2016
Schneider Electric (Foxboro, MA) has announced the acquisition of Applied Instrument Technologies Inc. (AIT), a provider of online process analyzers for the hydrocarbon, petrochemical, chemical, pharmaceutical, and steel-making industries.
Building on a partnership the two companies established in 2015, the deal boosts an already robust Schneider Electric process-solutions portfolio that includes Foxboro plant instrumentation, Foxboro and PlantStruxure PES process-automation systems, Modicon PAC systems, and Triconex safety systems.
Based in Upland, CA, AIT has an installed base of more than 1,000 systems and an extensive lineup of spectroscopy and chromatography solutions, including process analyzers and associated implementation services. According to the company, its offerings improve process optimization, asset protection, and compliance with environmental regulations, allowing users to better manage and improve their operational profitability. Through the combination of AIT’s technologies and Schneider Electric’s Foxboro Evo process automation and I/A Series distributed control systems, sites will be able to leverage the power of seamless advanced process analysis and control.
Company leaders have noted that the AIT acquisition improves Schneider Electric’s competitiveness and its ability to deliver broad, multi-stream, multi-component analytical systems with less project risk and execution time. Moreover, as single-source provider of the combined portfolios, Schneider Electric will be able to offer additional flexibility in terms of pricing, positioning, and packaging of its process-automation solutions.
AIT and its technologies will be fully integrated into Schneider Electric’s process-automation business and continue to be managed by its existing executive team. The integration is expected to be finalized in late 2017.
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