Intertek Acquires ETEC Labs; Ingram Micro Buys CloudBlue
The acquisition of ETEC, whose testing includes alternative energy vehicle analysis, research and demonstration projects, adds energy and fleet management services to Intertek’s portfolio of testing and validation services for the transportation industry, says Tim Hubbard, senior vice president of transportation technologies at Intertek.
Intertek’s more than 1,000 labs in some 100 counties provide auditing and inspection, testing, training, advisory, quality assurance and certification to industries worldwide.
As the alternative-fuel vehicle market continues to grow, the addition of ETEC’s capabilities and expertise will enable Intertek to stay ahead of clients’ needs, Hubbard says.
In other acquisition news, Ingram Micro has bought e-waste recycler CloudBlue Technologies.
CloudBlue will operate as a wholly owned subsidiary of technology distributor Ingram Micro. Ken Beyer, former CEO and co-founder of CloudBlue, will continue to lead the company as vice president of Ingram Micro and president of CloudBlue, reporting directly to Robert Gifford, Ingram Micro executive vice president, global logistics.
Further details of the transaction, including purchase price, were not disclosed.
These announcements follow several other high-profile acquisitions in the past month. Energy and sustainability management software provider Verisae acquired Hara Software for an undisclosed amount earlier this month. Hara’s cloud-based software tracks, reports and executes on energy saving opportunities.
Also this month sustainability consultancy Anthesis acquired UK blue-chip advisors Best Foot Forward in a deal that the companies say creates a “new global sustainability consulting platform.” The agreement combines Best Foot Forward’s Europe-based team with the existing US and Asian operations of Anthesis to form a worldwide expert group.
And Monsanto bought the Climate Corporation for about $930 million in an effort to help farmers use big data to produce more crops while using fewer natural resources. The Climate Corporation’s technology platform uses hyper-local weather monitoring, agronomic data modeling and high-resolution weather simulations to help farmers predict crop yields.
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