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Comment Business & Economics

Siemens to acquire Cambridge Water Technology  

By Gerald Ondrey |

Siemens Industry Automation Division (Warrendale, Pa.; www.siemens.com/industryautomation) entered into an agreement to acquire Cambridge Water Technology (Cambridge, Mass.; www.cambridgewatertech.com). With this acquisition, Siemens intends to strengthen its product portfolio with a leading-edge technology.  The acquisition of Cambridge Water Technology is said to be an important building block to Siemens’ strategy of pursuing leading-edge technologies with high customer value for municipal water and wastewater treatment as well as select industrial markets. Siemens works with a clear focus to provide cost-effective yet high-quality water treatment in both developed and developing countries by using innovative and standardized solutions.  The technologies developed and patented by Cambridge Water Technology increase the rate of solids removal and enhance the capacity and contaminant removal performance of water and wastewater-treatment systems. Compared to conventional technologies, Cambridge Water Technology’s proven market solutions require less than half of the footprint and increase the capacity of existing treatment systems by two to three times without adding any new tankage. The technologies can also effectively…
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