Acquisition brings environmental, health & safety, and quality management software capability to Industrial Scientific
PITTSBURGH, PA – 1 July 2019 – Industrial Scientific, a global leader in connected sensing technology and a wholly-owned subsidiary of Fortive Corporation (NYSE: FTV), is pleased to announce that it has signed and closed on a definitive agreement to acquire Intelex Technologies of Toronto, Canada.
Intelex is a recognized leader in the environmental, health & safety, and quality (EHSQ) management space and focuses on improving business performance for its customers. Through an integrated platform, Intelex customers manage environmental compliance, work to prevent occupational illness and injury, and establish processes to achieve quality objectives. Intelex currently serves over 1,100 global customers, and 2.6 million users.
The acquisition brings together Industrial Scientific’s strength in connected sensing and predictive analytics with Intelex’s industry-leading program, workforce, and asset management capabilities that enable world class EHSQ performance. The combination heralds a new category of company better positioned to solve emerging customer challenges. Intelex will be operated as a stand-alone company inside of Industrial Scientific.
ABOUT INDUSTRIAL SCIENTIFIC CORPORATION
As a global leader in connected sensing technology, Industrial Scientific provides gas detection products, services and software to keep workers safe in hazardous environments. To date, the company supports 3,000 iNet® customers and monitors 350,000 devices across 13,000 sites. Established in 1985, and headquartered in Pittsburgh, Pennsylvania, Industrial Scientific has more than 1,200 global employees across 21 countries committed to preserving human life and eliminating death on the job by the year 2050. Industrial Scientific is also the parent company to Predictive Solutions Corporation (https://www.predictivesolutions.com/). For more information, visit www.indsci.com.
Fortive is a diversified industrial technology growth company comprised of Professional Instrumentation and Industrial Technologies businesses that are recognized leaders in attractive markets. Fortive’s well- known brands hold leading positions in field solutions, product realization, sensing technologies, transportation technologies, and franchise distribution. Fortive is headquartered in Everett, Washington and employs a team of more than 25,000 research and development, manufacturing, sales, distribution, service and administrative employees in more than 50 countries around the world. With a culture rooted in continuous improvement, the core of our company’s operating model is the Fortive Business System. For more information please visit: www.fortive.com.
Corporate Communications Specialist
Vice President Investor Relations