WHITE PLAINS, N.Y. (AP) -- Water treatment company Xylem has purchased Australian water and wastewater company MultiTrode Pty. Ltd. for about $26 million. Xylem Inc. said Friday that MultiTrode ...

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Xylem Inc. (NYSE: XYL), a leading global water technology company focused on addressing the world’s most challenging water issues, announced today that it has ...

On Friday, water management technology company Xylemannounced that it has acquired privately held Australian water and wastewater tech and services firm MultiTrode for approximately $26 million.

Xylem announced that it has acquired MultiTrode Pty Ltd, a privately held Australia-based water and wastewater technology and services company, for approximately $26M. The actual terms of the ...

Xylem Inc., the water company spun off by ITT Corp., acquired closely held MultiTrode Pty Ltd. of Australia for about $26 million to expand monitoring and control services. MultiTrode helps water and ...

Financially, MultiTrode recorded $13 million in sales in fiscal 2012, resulting in a price-to-sale valuation of about 2 on the purchase, significantly higher than the 1.3-times-sale valuation that ...