Xylem acquires Australian wastewater technology company MultiTrode

Xylem announced that it has acquired Australia-based water and wastewater technology and services company MultiTrode, for $26m.

The US-based water technology company did not disclose the actual terms of the deal.

MultiTrode’s advanced monitoring and control technologies are used by municipal and private water and wastewater authorities to reduce energy consumption, cut down operating costs, bring down failures, control overflows and minimise call outs.

Xylem president and chief executive officer Gretchen McClain said the company acquired MultiTrode as part of its business strategy to complement its own technology, increase its geographic presence and serve its customers better.

"MultiTrode’s state-of-the-art and scalable platform builds on Xylem’s robust monitoring and control capability and will enable us to commercialise future products for the water and wastewater markets more quickly," McClain added.

"By combining the insights gained through Xylem’s industry-leading installed base with MultiTrode’s technology, we will further position Xylem as a trusted source to solve our customers’ dynamic challenges through the efficient delivery of advanced monitoring and control capabilities."

MultiTrode’s technology and services portfolio includes supervisory control and data acquisition (SCADA) software, web-based monitoring services, pump station controllers and supervisors, panels, level-sensing devices, and engineering and integration services.

Xylem helps its customers to transport, treat, test and efficiently use water in public utility, residential and commercial buildings, as well as in industrial and agricultural settings.

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Image: Xylem has acquired MultiTrode’s advanced monitoring and control technologies to prevent water overflows and reduce related costs. Photo: Courtesy of John Kasawa.