Eltav
Wireless Valve Monitoring
Company Overview
Snapshot
Founded in July 2006, Eltav operates with 1–10 employees. The company was acquired by Rotork in November 2015 for £1.98 million.
Business overview
Eltav Wireless Monitoring Ltd specializes in industrial wireless monitoring, focusing on valve monitoring within the process industry. The company provides field-proven solutions that transmit real-time position indications to control systems. Its diagnostic software supports predictive maintenance for actuated valves, aiming to reduce capital and operational expenses while enhancing safety and productivity. Eltav's solutions are designed for seamless integration into existing automation and control ecosystems, serving new and established installations across the process industry and utilities.
Strategic signal
Eltav's acquisition by Rotork in November 2015 for £1.98 million highlights the strategic value placed on its wireless valve monitoring technology within the industrial sector. This exit demonstrates the market's interest in advanced solutions that enhance operational efficiency and predictive maintenance capabilities, signaling a consolidation trend for specialized industrial technology providers.
Log in to access full profile ›Company Intelligence Q&A
- What is Eltav's primary focus?
- Eltav Wireless Monitoring Ltd specializes in industrial wireless monitoring, particularly for valves in the process industry, providing real-time position indication to control systems.
- When was Eltav acquired and by whom?
- Eltav was acquired by Rotork plc in November 2015.
- What was the acquisition amount for Eltav?
- Rotork plc acquired Eltav Wireless Monitoring Ltd for £1.98 million in November 2015.
- Which investors participated in Eltav's funding round?
- In May 2008, Eltav received funding from investors including Hutchison Kinrot.
- What problem does Eltav's technology address?
- Eltav's technology addresses the need for predictive maintenance on actuated valves, aiming to reduce capital and operational expenses while increasing safety and productivity in industrial plants through wireless monitoring.