Jacobs Engineering (JEC) Announces Acquisition of BAYQIK & Related Technology from Bayer
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Jacobs Acquires BAYQIK® Sulfuric Acid Converter Technology from Bayer AG
August 31, 2016 7:45 AM EDTPASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE: JEC) announced today it acquired the patent rights for BAYQIK® quasi-isothermal sulfuric acid converter technology and other related technology from Bayer AG.
Under the terms of the agreement, the technology transfer includes all relevant Bayer technical, commercial and market information. In addition, Bayer is providing transitional services to help ensure a... More