ABB Turbo Systems will acquire Swiss-based Tekomar Group, the company announced today. ABB said the by acquiring Tekomar, ABB will further develop Tekomar’s digital solution for engine analytics and advisory systems.
"Advancing ABB capabilities in performance modeling and analysis, this acquisition will also further extend the group’s ABB Ability portfolio of digital products and services," ABB said.
The transaction is expected to be closed during Q4 2017.
The Tekomar acquisition extends ABB's digital portfolio with a propulsion performance monitoring solution targeted at two-stroke main engines and auxiliary engine applications. The solution will be integrated into ABB’s established vessel optimization system, further enabling ship management companies to know more about their vessel operations and achieve more from their fleets for better business performance. It also offers a platform for cooperation with the engine licensors and builders, ABB said.
“The market reach of ABB and its heritage as an industrial market leader makes this a natural step for taking our Tekomar XPERT solution forward globally," said Beat Güttinger, Tekomar co-founder and Head of Global Sales & Marketing. "As the marine industry embraces the opportunities of digitalization for all aspects of optimization and performance improvement, this is an exciting time for the advancement of our solutions. We are looking forward to realizing what Tekomar and ABB can do together.”
Extending the ABB Group offering in digitalization, the performance monitoring of ship propulsion, including turbochargers will be embedded into ABB Ability, which is an integrated Industrial Internet platform, cloud infrastructure and solution portfolio.