Curated News
By: NewsRamp Editorial Staff
March 19, 2024
Hiber Acquires Srett Industrie, Expanding IoT Solutions for Energy Industry
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- Hiber's acquisition of Srett Industrie gives them a competitive edge in providing end-to-end IoT solutions for the energy industry.
- The acquisition will enhance HiberHilo's capabilities with advanced satellite, 3G/4G or LAN connectivity, and data for remote asset monitoring.
- This acquisition will contribute to delivering sustainable and safe IoT solutions for the energy industry, minimizing its carbon footprint and improving operational efficiencies.
- Hiber and Srett Industrie's solutions already serve 8 of the 10 Global Oil & Gas and Hydrogen majors in all continents, making a significant impact in the energy sector.
Impact - Why it Matters
The acquisition of Srett Industrie by Hiber signifies a significant advancement in the IoT solutions for the energy industry, enabling better support, minimized carbon footprint, and improved operational efficiencies. This move will contribute to safer remote wells and pipelines, benefiting the people, the community, and the environment globally.
Summary
Today, Hiber, a leader in well and pipeline integrity solutions, has acquired Srett Industrie, a top IoT LoRaWAN enabled hardware manufacturer for ATEX environments. This acquisition will enhance Hiber's R&D and manufacturing capabilities, accelerating innovation in well integrity & monitoring technology for remote locations. The combined company will provide end-to-end IoT solutions, including 24/7 remote asset monitoring for the energy industry.
Source Statement
This curated news summary relied on this press release disributed by 24/7 Press Release. Read the source press release here, Hiber Acquires Srett Industrie, Expanding IoT Solutions for Energy Industry
