Combining the two technologies, allows for a packaged device that provides the natural gas operator/user a complete energy analysis (from sample to results) in less than five (5) seconds – a process that now takes from 12 to as much as 40 minutes – giving the operator the ability to obtain almost "real-time" results simply unavailable from any other current technologies.In addition, Orbital-UK's in-house engineering capabilities, manufacturing relationships, and R&D infrastructure are expected to accelerate the adoption of the Vergence device, while allowing the company to control all calibration, packaging, delivery, engineering support and more within the Orbital-UK facilities; thus allowing CUI Global to capture an even larger percentage of operating margins from the final, packaged device. Anticipated cost synergies include leveraging existing sales and distribution infrastructure for cross-selling opportunities.
CUI Global, Inc. Announces Intent To Acquire Privately Owned Natural Gas Technology Company Orbital-UK For 17.0 Million Pounds Sterling
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