ABB acquires innovative optical sensor company to expand smart water management offering

Through the acquisition of Canadian company Real Tech, ABB expands its strong presence in the water segment and complements its portfolio with optical sensor technology critical for the age of smart water.

ABB today announced that it has agreed to acquire Canadian company Real Tech, a leading supplier of innovative optical sensor technology that enables real-time water monitoring and testing. Through the acquisition, ABB will expand its strong presence in the water segment and complement its product portfolio with optical technology critical for smart water management. Financial terms of the transaction that is expected to close in Q1 2024 were not disclosed.

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