Strathclyde gas analysis spin-out Cascade Technology acquired by US-based Emerson.
Emerson, a US-based engineering firm, has acquired Strathclyde University spin-out Cascade Technology.
Although financial details of the gas analysis firm’s sale were not disclosed, it is understood that the deal is the largest spin-out company sale in Strathclyde’s history, which has produced 50 spin-outs.
Cascade’s primary technology, Quantum Cascade Laser (QCL), is capable of measuring multiple gases simultaneously, allowing firms to have greater oversight of industrial emissions and to increase environmental compliance. Emerson plans to add QCL to its own gas analysis portfolio.
Tom Moser, group vice president of Emerson Process Management’s measurement and analytical businesses, said: “The acquisition of Cascade Technologies is an exciting step as we further strengthen our gas analysis portfolio. Our customers depend upon Emerson to solve their toughest analytical measurement problems. We are now better positioned to serve that need.”
Iain Howieson, CEO of Cascade Technologies, added: “Joining a global leader like Emerson represents an incredible opportunity for business growth. Emerson’s global presence and market leadership will have an immediate impact on the adoption of cutting edge QCL gas analysers and monitoring systems.”
