Plexus acquires Plexus Deepwater Technologies

Plexus Holdings has acquired Plexus Deepwater Technologies (PDT) from Grant Prideco for $2 million.

Offshore staff

ABERDEEN -- Plexus Holdings has acquired Plexus Deepwater Technologies (PDT) from Grant Prideco for $2 million.

"The acquisition of PDT provides us with a US based operating company, and unites our POS-GRIP subsea IP rights at a time when we are developing the ability to participate in the subsea arena," says Ben van Bilderbeek, Plexus' CEO.

07/23/2008

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