Two technology companies have announced their intention to merge.
Canadian industrial technology group Eddyfi/NDT announced today the acquisition of London-based Senceive Ltd, a world-leader in the design, manufacture and continuous improvement of wireless condition monitoring technology for civil engineering applications. Senceive will join Eddyfi/NDT as a separate entity and will continue to operate under the Senceive name.
Martin Theriault, CEO of Eddyfi/NDT stated: “with the acquisition of Senceive, we are taking our first steps in infrastructure monitoring, a critical, dynamic and huge market powered by innovation and technological advances. The timing is perfect to increase focus on this sector – with the global pandemic clearly demonstrating the need to reduce site visits by using wireless remote monitoring solutions”. He continues: “we see a great synergy between the test and inspection expertise within our business and the longer-term condition monitoring capability of Senceive.”
Senceive CEO, Graham Smith, stated “Joining Eddyfi/NDT is an extremely exciting opportunity for everyone at Senceive, which will help us provide our users around the world with more innovation, new products and even better support.”
Eddyfi/NDT is a fast-growing, innovative and private industrial technology group focused on advanced diagnostic technologies to monitor the world’s infrastructure health. The group serves asset owners, large engineering firms, and service companies globally in markets such as Civil Infrastructure, Energy, Rail, Mining, Aerospace and Power Generation. Eddyfi/NDT believes that advancing science and technology via sensors, hardware, robotics, and software makes the world more productive and safer for people, business and nature. The company employs over 1,300 people in 27 offices worldwide and serves clients in more than 110 countries. www.eddyfi-ndt.com
Since formation in the research labs of University College London in 2005, Senceive has pioneered the development of intelligent wireless-enabled condition monitoring for industrial applications within the IoT (Internet of Things) space. Senceive’s experts were among the first to recognize the immense potential of easy to use, precise, reliable and long-life wireless remote monitoring, explicitly for challenging and risk-conscious Civil Engineering, Rail and Mining applications. Senceive employs 60 people and operates in 40 countries. www.senceive.com