Partnership
SPX Corporation acquires CUES
SPX Corporation acquired CUES parent ELXSI Corporation for approximately USD 189 million. CUES now operates as a subsidiary within SPX's Detection and Measurement segment, continuing to manufacture pipeline inspection equipment from its Orlando, FL facility.
other · Concluded · operating
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9b5cbddc-21ce-4e98-acd2-b52bf456bb19- Type
- other
- Status
- Concludedoperating
- Announced
- 2018-04-258.4 years ago
- Start
- 2018-06-078.3 years ago
- Active for
- 8.3 years
Who’s involved
CUES (Community Utility Equipment Supply) is a manufacturer of robotic pipeline inspection and rehabilitation equipment, founded in 1963 and headquartered in Orlando, Florida. The company builds CCTV sewer inspection cameras, robotic crawlers, lateral launch systems, pipe profiling tools, and the GraniteNet data acquisition software used by municipalities and contractors for buried infrastructure condition assessment. CUES pioneered the first self-propelled sewer camera transporter (1984), the first pan-and-tilt mainline camera, and the LAMP II lateral-and-mainline inspection robot. [Spx corporation](/companies/spx-corporation) acquired CUES parent ELXSI Corporation in 2018 for approximately USD 189 million.
Off-registry parties
- SPX Corporation · investor partner
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