Wabtec Completes Acquisition of Evident’s Inspection Technologies Division

July 7, 2025

Wabtec Corporation has announced that it has completed the acquisition of Evident’s Inspection Technologies division, formerly part of the Scientific Solutions Division of Olympus Corporation, a global leader in Non-Destructive Testing, Remote Visual Inspection and Analytical Instruments solutions for mission critical assets. The acquisition strengthens Wabtec’s Digital Intelligence business with industry-leading inspection technologies that enhance customer productivity, reliability, and safety, while also positioning the company for accelerated, profitable growth.

“Today, we are a stronger company with the addition of Inspection Technologies,” said Rafael Santana, President and CEO of Wabtec. “The acquisition expands and strengthens our Digital Intelligence business, with advanced products and services for the Company’s rail, mining, and industrial sectors, while broadening our reach into other high-growth, high-margin end-markets. It enhances Wabtec’s existing portfolio, is accretive to key financial metrics, and aligns with the company’s long-term vision to lead the industry in innovation for our customers.”

The strategic acquisition helps accelerate Wabtec’s growth trajectory and meets the increasing demand for advanced diagnostic technologies. It also aligns with Wabtec’s stated growth drivers, including accelerating the innovation of scalable technologies, increasing the installed base, expanding high-margin recurring revenues, and driving continuous operational improvements. Additionally, acquiring Inspection Technologies expands Wabtec’s Digital Intelligence business growth opportunities and recurring revenue, effectively doubling the size of its total addressable market (TAM) from approximately $8 billion to $16 billion, while enhancing its ability to deliver innovative solutions to a broader range of customers.

“Inspection Technologies’ product portfolio strongly complements our existing digital technologies, while adding advanced automated inspection capabilities in a space where data acquisition, analytics, and automation are critical,” said Nalin Jain, President of Wabtec’s Digital Intelligence Group. “It will accelerate the development of scalable technologies by integrating advanced analytics, sensors, and AI technology to deliver enhanced predictive maintenance capabilities to our customers. Evident Inspection Technology employees have done a fantastic job in delivering these innovative technologies and I am looking forward to welcoming them to the Wabtec family.”

Wabtec acquired Evident’s Inspection Technologies division for $1.78 billion. The purchase price reflects an estimated multiple of 12.0x projected 2025 EBITDA adjusted for transaction and separation costs, anticipated tax benefits, and projected run-rate cost synergies of $25 million.

For more information: www.wabteccorp.com

HOME PAGE LINK

GelSight Modulus Redefines Mobile Metrology For Tight Spaces With Swappable Precision
July 16, 2025
GelSight has introduced the new GelSight Modulus system to further expand the boundaries of tactile sensing and usher in the next generation of mobile, micron-scale measurement. Modulus brings an entirely new concept to the mobile metrology and Non-Destructive Testing (NDT) space with its swappable lens and camera concept.
Measurement Software Now Compatible with Renishaw’s Dual-Method Shop Floor Inspection Gauge
July 16, 2025
Metrologic Group has announced full compatibility between its measurement software suite and Renishaw’s newly launched Equator X-500 system.
Survey Reveals Misalignment Between Technology Investment and Workforce Readiness
July 16, 2025
Hexagon’s Manufacturing Intelligence division in the Americas has announced new data that reveals a concerning reality: outdated perceptions of manufacturing, uncertainty, workforce shortages and technology gaps are threatening long-term growth, even as the manufacturing industry continues to modernize.
FARO Shareholders Overwhelmingly Approve Proposed Merger with AMETEK
July 16, 2025
FARO Technologies has announced that at the Company’s Special Meeting of Shareholders FARO shareholders approved the previously announced acquisition of the Company by AMETEK, Inc.
Clarios To Launch U.S. Manufacturing Technology & Training Center
July 16, 2025
Clarios, a global leader in advanced energy storage solutions, has announced plans to establish a best-in-class Manufacturing Technology & Training Center in the United States. This new facility supports the $600 million earmarked for investment in state-of-the-art manufacturing.
Photoneo’s PhoXi Gen3 Sets New Benchmark for 3D Vision in Automated Quality Control
July 15, 2025
Photoneo, part of Zebra Technologies and a leader in high-resolution 3D vision systems, has announced the launch of its PhoXi 3D Scanner Gen3.
New LK Sensor Adds Surface Roughness Inspection to CMM Workflow
July 15, 2025
LK Metrology has announced the introduction of a surface roughnesssensor. The SURFACER SRP is a plug-and-play probe having a resolution of one micron for seamlessly analysing the surface roughness of a component as part of a CNC measuring cycle on any CMM, provided it has an industry-standard Renishaw probe head.
TRUMPF Divests Metal AM Division In Strategic Refocus
July 15, 2025
TRUMPF, a global leader in industrial laser and machine tool technology, has announced the divestiture of its metal additive manufacturing (AM) business to Lenbach Equity Opportunities III Fund (LEO III).
Metron3D Delivers Sub-Nanometre 3D Metrology In-Line
July 15, 2025
Infinitesima has announced that SK hynix, a full stack artificial intelligence memory provider, has adopted the Metron3D 300mm in-line wafer metrology system and released it for use in volume production.
U.S. Manufacturing Technology Orders Slow in May While Preserving Year-Over-Year Gains
July 15, 2025
New orders of metalworking machinery, measured by the U.S. Manufacturing Technology Orders Report published by The Association For Manufacturing Technology (AMT), totaled $392.7 million in May 2025.

“Just ask Factory Genius!” – How AI Helps Maintain Manufacturing Equipment
July 7, 2025
Whenever vehicle production equipment fails at a BMW Group plant, every minute counts. The maintenance team must work quickly to identify and resolve the cause of the fault. Now, employees can ask the new digital AI assistant, “Factory Genius”, for help: It can suggest solutions for the specific system problem within seconds, reducing the time required for error diagnosis to a minimum.
Ushering in a New Era of Manufacturing
July 4, 2025
Manufacturing has been a cornerstone of global economic growth since the Industrial Revolution. Today, however, the landscape is undergoing a fundamental transformation. Societal and structural shifts, including aging populations, shrinking labor forces, evolving trade policies and overhauled supply chains, are pushing the industry to rethink how products are made.
Redefining Surface Metrology – The Precision and Power of Coherence Scanning Interferometry
June 24, 2025
Coherence Scanning Interferometry (CSI), also known as white light interferometry, has emerged as one of the most powerful, non-contact techniques for surface roughness measurement, delivering unprecedented resolution, accuracy, and versatility.
DfAM – Why Purposeful Geometry Must Replace Passive Optimisation
June 20, 2025
Additive Manufacturing (AM) is often celebrated for the freedom it offers designers, freedom from tooling, freedom from conventional constraints, freedom to explore geometry at levels once unimaginable. Yet for all its promise, AM has also become trapped in a cycle of what can perhaps be called superficial innovation.
Reducing Costs and Improving Productivity with Metrology
June 17, 2025
Margins are under constant threat and businesses need to find ways to reduce costs, improve efficiency and productivity, and drive down waste. Metrology can help alleviate some of these pressures on the business when used efficiently.