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Hiber Strengthens IoT Capabilities with Acquisition of Srett Industrie

By Editorial Staff

TL;DR

Hiber's acquisition of Srett Industrie gives them a competitive edge in providing end-to-end IoT solutions for the energy industry.

The acquisition will enhance HiberHilo's capabilities with advanced satellite, 3G/4G or LAN connectivity, and data for remote asset monitoring.

This acquisition will contribute to delivering sustainable and safe IoT solutions for the energy industry, minimizing its carbon footprint and improving operational efficiencies.

Hiber and Srett Industrie's solutions already serve 8 of the 10 Global Oil & Gas and Hydrogen majors in all continents, making a significant impact in the energy sector.

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Hiber Strengthens IoT Capabilities with Acquisition of Srett Industrie

Hiber, a leader in well and pipeline integrity solutions, has announced the acquisition of Srett Industrie, a prominent manufacturer of IoT LoRaWAN enabled hardware designed for ATEX environments. This strategic acquisition is set to bolster Hiber's research and development (R&D) and manufacturing capabilities, particularly for its HiberHilo operations, marking a significant leap forward in the innovation of well integrity and monitoring technology for remote locations across the globe.

The integration of Srett Industrie into Hiber's portfolio enables the company to offer a comprehensive suite of end-to-end IoT solutions. These solutions encompass hardware, LoRaWAN connectivity combined with advanced satellite, 3G/4G, or LAN options, alongside data services. Such advancements are crucial for providing round-the-clock remote monitoring of assets, including pressure, temperature, and flow, as well as enabling remote valve actuation capabilities.

Erik Boertje, Managing Director of Hiber, highlighted the importance of this acquisition, stating, 'This is a significant moment for Hiber. This acquisition is an important step forward, and together, we look forward to accelerating to deliver sustainable and safe IoT solutions for the energy industry.' Philippe Gambier, General Manager of Srett Industrie, also shared his optimism, noting, 'Having worked closely with Hiber over the past years, I am confident that together we will better support the energy industry, and minimise its carbon footprint and HSE exposure while improving operation efficiencies.'

Post-acquisition, Srett Industrie will operate under the Hiber brand, further solidifying Hiber's position in the market. The combined entities already cater to 8 out of the 10 global oil, gas, and hydrogen majors, spanning all continents. This move not only expands Hiber's technological and operational capabilities but also underscores its commitment to driving innovation and sustainability in the energy sector.

For more information on Hiber's solutions, visit https://www.hiber.com.

Curated from 24/7 Press Release

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Editorial Staff

Editorial Staff

@editorial-staff

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