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2021-09-23

ChampionX Announces Investment in PingThings, Inc.

THE WOODLANDS, Texas, Sept. 22, 2021 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “

ChampionX Announces Investment in PingThings, Inc.

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The performance, scalability, and cost effectiveness of PingThings’ time series data platform has it poised to become the de facto standard for creating value from sensor measurement data in asset-intensive industries,” said Sean Murphy, Chief Executive Officer of PingThings.\nAbout ChampionX\nChampionX is a global leader in chemistry solutions and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely and efficiently around the world. ChampionX’s products provide efficient functioning throughout the lifecycle of a well with a focus on the production phase of wells.\nTo learn more about ChampionX, visit our website at www.championX.com.\nAbout PingThings, Inc.\nPingThings’ time series data platform enables customers to store, manage, visualize, analyze, learn from, and drive applications with time series data at scale, even from millions of sensors at high sampling rates. 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ChampionX Announces Investment in PingThings, Inc.

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