Xylem Inc. (NYSE: XYL), a leading global water technology company dedicated to solving the world’s most challenging water issues, has acquired HYPACK, Inc. a privately-owned company specializing in hydrographic survey software used in ocean, coastal and surface water applications, for approximately $18 million.
News of acquisition was shared in the Company’s third quarter earnings announcement. Other terms of the transaction were not disclosed. Located in Middletown, Connecticut, HYPACK is a leading provider of hydrographic survey data acquisition, processing, and visualization software. Used by government agencies, universities, and consultants, HYPACK products measure and map features in bodies of water in connection with maritime...