DAVIDSON, NC — Ingersoll Rand Inc., a global provider of flow creation and industrial solutions, has entered into an agreement to acquire Maximus, a provider of digital controls and Industrial Internet of Things (IIoT) production management systems for the agritech market. The transaction is expected to close in Q3 upon obtaining the required regulatory approvals. Upon transaction close, Maximus will join the PST segment.

STOCKHOLM, Sweden (June 21, 2012) – In response to rapid growth in Panama, Xylem has opened a new sales and service office to provide greater customer support to the developing Latin American market. For Xylem, a global water technology company focused on addressing the world’s water issues, this expansion in Latin America reflects the company’s commitment to expansion within emerging markets.