Processing Magazine

ITT acquires YSI Inc. to enhance its water instrumentation business

September 6, 2011

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 release.

With the acquisition, ITT is forming a water-focused analytics business with annual revenue of approximately $300 million.

“YSI’s 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.