WHITE PLAINS, N.Y. — ITT
Corporation has completed its acquisition of YSI Incorporated, a developer
and manufacturer of sensors, instruments, software and data collection
platforms for environmental water monitoring, according to a press
With the acquisition, ITT is forming a water-focused analytics
business with annual revenue of approximately $300 million.
product offering complements our existing water portfolio and enables us to
better serve our global customers and build on our commitment to solve
challenges that our customers face across the water industry,” said Gretchen
McClain, president of ITT''s Fluid and Motion Control business, and future CEO of
Xylem, the new standalone water company separating in a tax-free spinoff from
ITT later this year.