IMI has acquired TWTG, an Industrial Internet of Things (IIoT) specialist based in the Netherlands. TWTG will become part of IMI’s Process Automation sector. TWTG offers solutions that enhance operational efficiency, safety, and sustainability across industries including energy, utilities, and heavy manufacturing. With this acquisition, IMI aims to leverage TWTG’s expertise to accelerate its growth in the fast-evolving IIoT market, providing customers with digitalisation solutions. Roby Buyung, president of process automation at IMI comments: ‘The acquisition of TWTG aligns with our strategy to deliver innovative solutions that help our customers to make smarter, more efficient, and sustainable decisions. TWTG’s unique […]
Terminal News
BP Pulls Out Of Teesside Hydrogen Plant
BP has pulled out of building a hydrogen plant on Teesside following a debate over whether the site would be better suited to housing a data centre. A government decision
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