Intertek Group has acquired Automation Technology Inc (ATI), a provider of asset integrity support services in the US power sector, for a total consideration of $16 million (£10 million).
Asset management software solutions of ATI are applied to record and collate testing and inspection data to support the maintenance of power generation infrastructure and also helps other companies to track infrastructure integrity and to grow useful plans to diminish failure risk and optimise maintenance work during scheduled outage periods.
The California based ATI will be a part of Intertek's Industry & Assurance division. The group will balance Intertek's present quality and integrity management services for owners and operators of power, oil, gas, petrochemical, renewable energy and other infrastructure.
"We are pleased to welcome the company to the group. ATI's solutions are highly complementary to our wider industry services portfolio and will deepen our support to customers in maintaining the quality of their assets," said CEO Wolfhart Hauser.