Eltav
Wireless Valve Monitoring
Company Overview
Snapshot
Founded in July 2006, Eltav operated with 1–10 employees. The company was acquired by Rotork in November 2015.
Business overview
Eltav Wireless Monitoring Ltd specializes in industrial wireless monitoring, focusing on wireless valve monitoring solutions for the process industry. Its field-proven technology transmits real-time position indications to control systems, enabling predictive maintenance on actuated valves. This reduces capital and operational expenses while enhancing safety and productivity in industrial plants. Eltav's solutions support multiple standards for seamless integration into existing automation and control ecosystems, serving new and established installations across various process industries and utilities.
Strategic signal
In November 2015, Eltav Wireless Monitoring Ltd. was acquired by Rotork plc for £1.98 million. This acquisition signaled a strategic move by Rotork to integrate Eltav's specialized wireless valve monitoring technology, enhancing its portfolio in industrial automation and control systems. For investors, this demonstrated the value of Eltav's niche expertise in predictive maintenance and operational optimization within the industrial technologies sector.
Company Intelligence Q&A
- What was a significant corporate milestone for Eltav?
- Eltav Wireless Monitoring Ltd. was acquired by Rotork plc in November 2015 for £1.98 million. This marked a key exit for the company, integrating its wireless monitoring technology into a larger industrial entity.
- When was Eltav founded?
- Eltav was founded in July 2006, focusing on developing wireless valve monitoring solutions for industrial applications.
- What type of technology does Eltav specialize in?
- Eltav specializes in industrial wireless monitoring, specifically for valve monitoring in the process industry, providing real-time position indications to control systems.
- Which investors participated in Eltav's funding round?
- In May 2008, Eltav received funding from investors including Hutchison Kinrot.
- What is the primary sector Eltav operates in?
- Eltav operates within the Industrial Technologies sector, providing solutions for operational optimization, particularly in industrial manufacturing.