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Rockwell Automation to acquire vMonitor

Rockwell Automation to acquire vMonitor, a technology company for wireless solutions connecting the digital oilfield.

Rockwell Automation has agreed to purchase vMonitor, a company delivering monitoring and control solutions for wellhead and upstream applications combining wireless instrumentation and communication with visualization software. “Strategically, vMonitor’s world class digital oilfield technology and services, combined with our comprehensive portfolio of solutions, strengthen our ability to deliver end-to-end projects for the oil and gas sector,” said Terry Gebert, vice president and general manager, Rockwell Automation Global Solutions. “Equally important, vMonitor’s capabilities will accelerate our development of similar process solutions and remote monitoring services for water / wastewater, mining and other industries globally,” said Gebert. “Our customers will benefit from Rockwell Automation’s global solutions capabilities and complementary product lines to ensure we can collectively provide a seamless integrated solution,” said Rashed Saif Al Suwaidi, chairman of vMonitor. “Our employees will also join an innovative, fast-growing technology leader serving the worldwide oil and gas industry.” vMonitor has about 120 employees at offices located in Houston, Mumbai, Abu Dhabi, and other Middle East locations. The acquisition is expected to close within two months. vMonitor will then become part of Rockwell Automation’s Control Products & Solutions operating segment.

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April 15 2024 11:45 am V22.4.27-1
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