Evident
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Wabtec Completes Acquisition of Evident’s Inspection Technologies
Wabtec has acquired Evident’s Inspection Technologies division for $1.78 billion. This strategic move significantly expands Wabtec’s Digital Intelligence segment, integrating advanced non-destructive testing and remote visual inspection technologies. The acquisition is expected to enhance customer productivity, reliability, and safety, accelerate growth, and double Wabtec’s addressable market for its Digital Intelligence business to $16 billion.