Dickson acquires French monitor firm

ADDISON - Dickson, a developer of environmental monitoring systems, announced Thursday it has acquired French manufacturer Oceasoft SA in a multimillion dollar, cash-for-stock deal.

Based in Montpellier, France, Oceasoft designs, calibrates and markets intelligent and connected sensors to monitor parameters such as temperature, humidity, CO2 levels and differential pressure for the life sciences and agrifood markets.

Dickson officials said the acquisition fits into the company's strategy to growth its business in the European and U.S. environmental monitoring markets by providing expertise in intelligent and connected sensors for monitoring physical parameters.

"Oceasoft fills a gap that Dickson currently has within regulated supply chain monitoring. Joining the two businesses together will enable true end-to-end environmental monitoring of global supply chains," said Dickson CEO Rick Weiler.

Oceasoft will continue operating under its current name, and Oceasoft founder and CEO Laurent Rousseau will continue as European President, leading the consolidated R & D team and joining Dickson's board of directors.

Dickson was acquired by May River Capital in April 2018 as a platform to build a larger test and measurement instrumentation company. The 96-year old company provides IoT-enabled environmental monitoring systems that support real-time data and service from its SaaS cloud platform (DicksonOne).