Blackstone to Acquire DarkVision, Expanding Industrial Infrastructure Technology Portfolio
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Blackstone Energy Transition Partners has agreed to acquire DarkVision Technologies from Koch Engineered Solutions , adding a leading provider of advanced industrial ultrasound imaging technology to its portfolio of energy and infrastructure investments. Financial terms of the transaction were not disclosed. The acquisition is subject to customary closing conditions. The deal underscores Blackstone's continued investment in technology companies that improve the safety, reliability and efficiency of critical infrastructure. DarkVision's imaging platform is used to inspect industrial assets across the global energy and industrial sectors, enabling operators to identify defects, assess asset integrity and reduce the risk of unplanned downtime. Founded in 2013 and headquartered in North Vancouver, British Columbia, DarkVision has developed a proprietary ultrasound imaging platform that combines advanced sensors, custom silicon, artificial intelligence and visualization software to produce high-resolution three-dimensional images of industrial infrastructure. The company employs approximately 300 people and serves customers across energy, industrial manufacturing and other critical infrastructure markets. Its technology processes vast amounts of ultrasound data to generate photorealistic 3D models that help operators evaluate the condition of pipelines, pressure vessels and other...
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