Velentium and ADV Integrity Announce Sale of Oil & Gas Division
Velentium , a professional engineering firm that specializes in the design and manufacturing of therapeutic and diagnostic active medical devices, today announced the sale of its oil & gas division to ADV Integrity , a Texas-based engineering consulting and business strategy firm primarily focused on serving the oil & gas pipeline industry.
- Velentium , a professional engineering firm that specializes in the design and manufacturing of therapeutic and diagnostic active medical devices, today announced the sale of its oil & gas division to ADV Integrity , a Texas-based engineering consulting and business strategy firm primarily focused on serving the oil & gas pipeline industry.
- The oil & gas practice primarily focused on high-pressure high-temperature (HPHT) test systems and automated monitoring for oil & gas, hydraulics, and pneumatics applications.
- Velentium previously acquired Oasis Testing in 2020, incorporating its expertise and assets into its existing oil & gas operations, dubbed Velentium Solutions.
- “With the sale of our oil & gas division, Velentium is narrowing its focus on our current and future medtech clients.