Checkit - Building foundations in the US
Checkit has acquired Tutela, its US distributor, for $0.85m/£0.62m in cash and intends to use it as a springboard for its plans to grow the wider business in the US. At the same time, Checkit has strengthened its management team, hiring a managing director to run the US operations and a group chief commercial officer (CCO). With a significantly larger addressable market than the UK, Checkit is keen to drive adoption of its connected solutions by large US enterprises.Elektron Technology is a global business that designs, manufactures and markets products that connect, monitor and control. Co. has three business segments: Bulgin, which products are sealed connectors for the demanding environments, and custom product and system development; Instrumentation, Monitoring and Control, which key products are ophthalmic instruments, nanopositioning and sensing equipment, and materials testing equipment; and Checkit, which key products are cloud-based work management software based on interactive checklists, and smart wireless sensors for continuous automated monitoring.
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