On 11 December 2017, water technology and solutions firm Xylem Inc. announced an agreement to acquire Canadian pipe diagnostics and analytics firm Pure Technologies.
Xylem touts the deal as an extension of its strategy to become a leading smart infrastructure provider, building on its acquisitions of Visenti and Sensus in 2016.
Pure has evolved over the past twenty years from a Canada-focused oil & gas field services and equipment firm into an international provider of asset condition and pipeline monitoring services for the municipal water sector. Pure has been evolving into a key data and analytics player, leveraging the data it collects on underground assets through its inspections to reduce non-revenue water.
In this Research Note, Bluefield water experts examine the impact of this acquisition on Xylem’s strategy, the capabilities’ Pure brings to the table, and the competitive landscape for solutions’ providers addressing non-revenue water and leakage management.
Related Bluefield analysis: