Indicor Announces Acquisition of Ovarro
5.9.2024 12:00:00 CEST | ACCESS Newswire | Press release
CHARLOTTE, NC / ACCESSWIRE / September 5, 2024 / Indicor, LLC, a leading diversified industrial company specializing in mission-critical technologies across various niche markets, today announced it has reached a definitive agreement in an all-cash transaction to acquire Ovarro, a prominent provider of advanced technology solutions for critical infrastructure monitoring and management.
Indicor
Black logo
Ovarro's suite of water management and process control solutions serves a global customer base, enhancing customers' operational efficiency, data analytics, and sustainability. Their offerings include sophisticated monitoring systems, data-driven insights, and integrated technology solutions that support the management of critical infrastructure.
"Ovarro represents a significant addition to Indicor's portfolio of niche industrial technologies. They are leaders in systems and analytics used to manage critical assets including water and other key processes," said Doug Wright, CEO of Indicor. "This acquisition aligns seamlessly with our strategy to enhance our technological capabilities and expand our reach in the water and environmental sectors."
"Today is a significant milestone for Ovarro, becoming part of Indicor's portfolio of innovative industrial technologies," said David Frost, CEO of Ovarro. "This is a partnership that will propel us to new heights and open incredible opportunities for growth. This partnership will allow us to leverage Indicor's expertise, further driving innovation and value for our customers worldwide."
About Indicor
Indicor is a leading diversified industrial solutions company known for its market-leading businesses that deliver specialized, mission-critical solutions to niche markets. Indicor employs a disciplined, process-driven approach to capital deployment and value creation through its proprietary Indicor Business Excellence system (IBEX).
About Ovarro
Ovarro's technology is used globally by customers in water, broadcast, and transportation sectors to monitor, control, and manage their critical infrastructure and assets.
Ovarro's connected technology is always there, always on. It is secure, proven, and trusted, integrating effortlessly with our clients' assets. This technology excels at collecting and communicating data from some of the most remote and challenging environments on the planet. Enabling businesses to work smarter and more effectively.
For more information, please visit www.ovarro.com.
The transaction is expected to close in approximately 30 working days, subject to required regulatory approvals and other customary closing conditions.
For media inquiries, please contact:
Tiffany Fuller, VP
Media@indicor.com
Contact Information
Tiffany Fuller
VP
media@indicor.com
9803468500
SOURCE: Indicor
View the original press release on newswire.com.
Indicor
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Juno Corp. Closes $25 Million Non-Brokered Private Placement28.10.2026 12:00:00 CET | Press release
TORONTO, ON / ACCESS Newswire / October 28, 2026 / Juno Corp. ("Juno" or the "Company"), the largest mineral claim holder and most active explorer in Ontario's Ring of Fire, is pleased to announce that it has completed a non-brokered private placement (the "Offering") for aggregate gross proceeds of $25,290,609. Pursuant to the Offering, the Company issued an aggregate of (i) 165,750 common shares of Juno ("HD Juno Shares"), on a non-flow-through basis at a price of $4.00 per HD Juno Share, (ii) 404,890 common shares of Juno that qualify as "flow-through shares" as defined in subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act") (the "FT Juno Shares"), at a price of $4.50 per FT Juno Share, and (iii) 4,131,450 common shares of Juno, which qualify as "flow-through shares" as defined in subsection 66(15) of the Tax Act (the "Premium FT Juno Shares", and together with the HD Juno Shares and the FT Juno Shares, the "Juno Securities"), at a price of $5.52 per Premium FT Juno Shar
DistillerSR Launches Smart Chat, an AI Chat Interface Built Into Its Evidence Platform27.10.2026 15:55:00 CET | Press release
OTTAWA, ON / ACCESS Newswire / October 27, 2026 / DistillerSR® Inc., the pioneer and market leader in AI-enabled literature review automation and evidence management, today announced the launch of Smart Chat. Smart Chat brings DistillerSR's Agentic AI capabilities in-platform. Since September 2025, DistillerSR Agentic AI has eliminated evidence silos at customer organizations by connecting Large Language Models to a repository of expertly validated literature evidence. Smart Chat now makes that same capability available natively within DistillerSR's secure platform. "While researchers recognize the power of generative AI, many life sciences organizations cannot risk connecting external LLMs to their sensitive research data," said Peter O'Blenis, CEO of DistillerSR. "Smart Chat removes that barrier. It is built directly into the platform teams already use, works exclusively with their own DistillerSR projects, and is included with every version of DistillerSR." Smart Chat works only wit
PuK Gaming Launches First Officially Licensed Fortnite Mobile Accessories Range27.10.2026 14:15:00 CET | Press release
LONDON, UK / ACCESS Newswire / October 27, 2026 / PuK Gaming LTD, the UK-based designer of premium mobile gaming accessories, today launched Drop 1 of its officially licensed Fortnite range, in a deal facilitated by Epic Games' licensing agency IMG Licensing. The five-product range offers console-grade control to how millions play Fortnite: on a phone. The PuK Thumbstick, PuK Triggers, PuK Link Cable and PuK Thumb Sleeves attach in seconds, no battery charge or pairing required; the whole ecosystem fits in your pocket. The Hot Drop Bundle includes three of the four products, plus a collector tin and zip case. Every Drop 1 product includes a code for a bonus in-game item, with the Thumbstick granting the Stage Dive Glider and the Hot Drop Bundle granting the Battle Call Emote. "Fortnite defines competitive play for mobile gamers," said Scotty Tidwell, CEO of PuK Gaming. "Drop 1 gives Fortnite players more ways to play on mobile with console-grade low-latency control and precision." PuK
QorusDocs Launches QPilot Workspace, Where People and AI Agents Build Winning Proposals Together27.10.2026 14:00:00 CET | Press release
BELLEVUE, WA / ACCESS Newswire / October 27, 2026 / QorusDocs, the pursuit intelligence platform for professional services, legal, technology services and architecture, engineering and construction (AEC) firms, today launched QPilot Workspace, a shared space where business development teams and AI agents complete every pursuit together, from the moment an opportunity opens to the signed contract. QPilot Workspace is guided by pursuit intelligence that grounds every proposal, pitch and RFP response in a firm's real people, projects and pursuit history. Service firms are fielding more RFPs than ever, according to QorusDocs' research. More than two-thirds (68%) saw proposal volume climb last year, with most having to decline participation in 10 to 19% of the RFPs they receive. "We're responding to more RFPs than ever with shorter turnaround times," said Heather Almquist, senior vice president at Marsh, a leading professional services firm. "One of the hardest parts is pulling together the
Formerra Adjusts Transportation Surcharge Amid Continued Freight and Logistics Pressures27.10.2026 14:00:00 CET | Press release
ROMEOVILLE, IL / ACCESS Newswire / October 27, 2026 / Formerra, a leader in performance materials distribution, announced an increase to its transportation surcharge to address continued cost escalation in the freight and logistics market. Beginning November 2, 2026, a surcharge of $450 per delivery will apply to all shipments across North, Central, and South America. Costs in the freight and logistics market have increased steadily as the industry navigates higher operating costs, tighter capacity, and a shortage of qualified drivers. At the same time, diesel prices reached an all-time high in September. "Freight costs across the Americas remain elevated, and we do not expect these pressures to ease in the near term," said Tom Kelly, Formerra CEO. "The adjustment helps offset market pressures beyond our control while enabling us to maintain the dependable service our customers count on from Formerra." Customers should contact their Formerra representative for more information. About F
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom