Industrial Scientific, a global leader in connected sensing technology and a wholly-owned subsidiary of Fortive Corporation (NYSE: FTV), is pleased to announce that it has signed and closed on a definitive agreement to acquire Intelex Technologies of Toronto, Canada.
Intelex is a recognized leader in the environmental, health & safety, and quality (EHSQ) management space and focuses on improving business performance for its customers. Through an integrated platform, Intelex customers manage environmental compliance, work to prevent occupational illness and injury, and establish processes to achieve quality objectives. Intelex currently serves over 1,100 global customers, and 2.6 million users.
The acquisition brings together Industrial Scientific’s strength in connected sensing and predictive analytics with Intelex’s industry-leading program, workforce, and asset management capabilities that enable world class EHSQ performance. The combination heralds a new category of company better positioned to solve emerging customer challenges. Intelex will be operated as a stand-alone company inside of Industrial Scientific.
Industrial Scientific Completes Acquisition of Intelex
As a global leader in connected sensing technology, Industrial Scientific provides gas detection products, services, and software to keep workers safe in hazardous environments. To date, the company supports 3,000 iNet® customers and monitors 350,000 devices across 13,000 sites. Established in 1985, and headquartered in Pittsburgh, Pennsylvania, Industrial Scientific has more than 1,200 global employees across 21 countries committed to preserving human life and eliminating death on the job by the year 2050. Industrial Scientific is also the parent company to Predictive Solutions Corporation (www.predictivesolutions.com). For more information, visit www.indsci.com.
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