Clarience Technologies has acquired Pressure Systems International (P.S.I.), a provider of automatic tire inflation systems for commercial truck trailers.
The acquisition expands the company's technology portfolio to include the tire-related technologies gaining widespread adoption as commercial fleets shift toward electric vehicles, including P.S.I.’s TireView, according to the announcement.
TireView collects vehicle health information, including air system status, potential brake issues and monitoring for wheel end thermal events. Collectively, these "smarter," more connected technologies will help Clarience Technologies deliver more complete solutions for an electric and autonomous future, officials said in a press release.
"As electric vehicle fleets seek to maximize range and minimize downtime, tire rolling resistance plays an increasingly important role in determining EV range," said Clarience Technologies CEO Brian Kupchella.
The acquisition includes P.S.I. operations as well as the Truck System Technologies operations, both located in San Antonio, Texas. The company will operate as a distinct business unit of Clarience Technologies. Tim Musgrave, president and CEO of P.S.I., will continue to lead the business in his current capacity.
Michigan-based Clarience Technologies is parent company to several brands serving commercial transportation, including Truck-Lite vehicle lighting solutions, Road Ready advanced telematics, Davco filtration systems, Ecco safety systems and LED Autolamps.
Road Ready has already been working closely with P.S.I. as part of its LogIQ smart partner network — a group of industry leaders who provide truck and trailer health data to fleet customers through Road Ready's interface.
Recently, Clarience Technologies also added Fleetilla, a telematics and asset tracking technology company with an offering that complements the Road Ready system, nearly doubling the number of solutions from Road Ready.
In 2020, Clarience Technologies opened its new global headquarters in Southfield, Michigan — also serving as headquarters for its Road Ready advanced telematics business — and established a global research and development center in Pittsburgh.
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