Structural condition assessment of pipelines for water and oil & gas.
Emerald’s initial investment was in Ontario-based The Pressure Pipe Inspection Company Ltd (PPIC). PPIC manufactures water infrastructure management tools and evaluates water pipelines. Shortly after the investment, Emerald was instrumental in merging PPIC with its competitor Pure Technologies (TSX:PUR) in 2010. Pure Technologies Ltd. engages in the development and application of technologies for inspection, monitoring, and management of physical infrastructure worldwide.