Announced
Completed
Financials
Tags
Private Equity
Electronic Equipment: Gauges and Meters
United States
Single Bidder
Acquisition
Majority
Completed
water conditions monitoring
Domestic
Private
Friendly
Synopsis
Battery Ventures-backed LI-COR Environmental, a company that makes highly engineered instrumentation systems for environmental research, agriculture, drug discovery, completed the acquisition of Onset, a developer of temperature loggers as well as a provider of applications that are used to monitor water conditions. Financial terms were not disclosed. "LI-COR solutions measure greenhouse gases in real time for emissions monitoring, agriculture, and environmental protection to provide answers about climate change. Historically the work of researchers, greenhouse gas measurements have become interesting for companies around the world who need to understand their emissions or validate their ability to sequester carbon. The addition of Onset to LI-COR Environmental will help us meet this growing need, not only for measuring greenhouse gases, but also for more comprehensive environmental monitoring," Tom Reslewic, LI-COR CEO.
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