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Tokyo, Japan -
April 9, 2008 Yokogawa Acquires US Company with Unique Gas Analysis Technology Enhancing energy saving, environmental, and safety solution-providing capabilities ![]() TruePeak Tunable Diode Laser Gas Analyzers Yokogawa Electric Corporation announces the acquisition of Analytical Specialties, Inc. (ASI), a company with a unique gas analyzer technology. Yokogawa Corporation of America, Yokogawa's North American subsidiary, acquired all the stock of ASI on April 1, 2008. With this acquisition, Yokogawa is adding the TruePeak Tunable Diode Laser Gas Analyzers to its analyzer lineup and strengthening its ability to deliver comprehensive solutions in the industrial automation market. Background Sensors play an important role in maintaining optimal combustion by constantly monitoring the concentration of oxygen and carbon monoxide. Gas analyzers with high performance are needed to accurately measure this in real time. Tunable Diode Laser Spectroscopy (TDLS) Technology TDLS enables the direct high-speed measurement of combustion and other process gases. Laser gas analyzers with high cost performance and real-time measurement capability have entered the mainstream of the gas analyzer market, which is expected to expand. ASI's TDLS Technology Yokogawa acknowledges that ASI has a unique and superior TDLS technology and that it is expected to enter wide use. In order to win a greater share of this market, Yokogawa has decided to establish a Laser Analytical Division within its US subsidiary as a core unit for the industrial automation environmental and measurement business. Yokogawa's Strategy Mr. Kurosu also says, "We consider that technologies and products focusing on energy saving and environmental conservation will continue to play an important role. Therefore, we aim to expand our lineup of sensors used in analytical processes, and to enhance our capability to offer solutions over the entire lifecycle of a plant that also address the need for energy saving and environmental conservation." Yokogawa expects that the TDLS market will be worth $150 million by 2013 and plans in that year to have sales of $30 million and the largest market share. About Yokogawa Yokogawa's global network of 19 manufacturing facilities and 89 companies spans 32 countries. Since its founding in 1915, the US$4 billion company has been engaged in cutting-edge research and innovation, securing more than 7,500 patents and registrations, including the world's first digital sensors for flow and pressure measurement. Industrial automation and control, test and measurement, information systems and industry support are the core businesses of Yokogawa. For more information about Yokogawa, please visit our web site at www.yokogawa.com. |
