Hilti, a global leader providing innovative tools, technology, software and services to the commercial construction industry, announces the acquisition of the assets of Concrete Sensors, a provider of connected devices, software and services that help enable improved decision making and accelerated construction schedules through better understanding of the concrete curing process.
This agreement extends Hilti’s digital (IoT) portfolio into new and important applications and strengthens the brand’s leadership as a provider of productivity solutions in the construction industry.
In recent years, Hilti has made major investments to digitize the construction industry and simplify workflows for construction contractors and engineers with innovations. Hilti believes Concrete Sensors will be an excellent addition to its growing digital construction portfolio.
“This acquisition directly aligns with our strategic priorities to put a greater focus on IoT,” said Martina McIsaac, President & CEO of Hilti North America. “Hilti is committed to supporting our customers’ digital transformations. Beyond the strategic rationale and product offering, this is an ideal cultural fit. Hilti and the Concrete Sensors team share a customer-first approach, which is essential. We are impressed by Concrete Sensors’ commitment to innovation and look forward to its continued growth under Hilti.”
“We are excited and proud to join the Hilti family,” Brendan Dowdall, co-Founder, Concrete Sensors, said. “Hilti gives us limitless potential for growth given its high-quality products, exceptional service, brand power and industry reputation. This integration will only enhance our capability in the customer engagement space and offers significant value to our ever-growing customer base.”
The entire Concrete Sensors team will join Hilti and will remain in office in Boston. Pricing, product and support procedures will remain unchanged for the foreseeable future.
In 2015, Brendan Dowdall and Ryan Twomey founded Concrete Sensors. The Boston-based company offers general contractors, concrete contractors and engineers a solution to help accurately measure and predict the performance of concrete.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.