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The private equity deal was first announced in January 2020.
The MOU sets out the framework, timetable and scope of collaboration.
Will provide maintenance and repair services for all types of pumps.
By the end of 2020, the company will also launch a 380V-equivalent product, which can be used to power pumps with greater power consumption.
The software digitalises early Engineering Technology (ET) data to create a process safety digital twin.
Forum for the exchange of ideas between rotating equipment engineers and technicians.
Forum for rotating equipment engineers and technicians in turbomachinery, pump, oil & gas, petrochemical, power, aerospace, chemical and water industries.