Wednesday, August 31, 2016
Jacobs Buys Technology, Patents From Bayer AG
Pasadena-based Jacobs Engineering Group said this morning that it has acquired the patent rights to a process for removing sulfuric acid from gases from Bayer AG. Financial terms of the technology buy were not announced. Jacobs Engineering said it acquired the BAYQUIK quasi-isothermal sulfuric acid converter technology and other related technology from Bayer AG, in a deal that includes all relevant Bayer technical, commercial and market information, plus transition services.