Emerson (NYSE: EMR) has agreed to acquire U.K.-based Permasense Ltd., a provider of non-intrusive corrosion monitoring technologies for offshore and onshore oil production as well as the refining, chemical, power, pipelines, metals and mining and other industries, a news release said.

The acquisition represents another step in Emerson’s strategy to invest in its core business platforms and expand in markets with significant long-term growth opportunity, U.S.-based Emerson said in the release.

Permasense monitoring systems use unique battery-powered sensor technology, wireless data delivery and advanced analytics to continuously monitor for metal loss from corrosion or erosion in pipes, pipelines or vessels, and deliver data. The Permasense product line will become part of Emerson’s Rosemount portfolio of measurement and analytical technologies, according to the release.