Invensys buys InduSoft to offer ‘largest range of automation software’
Invensy has acquired InduSoft, the Texas-based supplier of HMI and embedded intelligent device software for the automation market. The companies say that, together, they will be able to offer the largest range of industrial automation software products on the market, from HMI and embedded software, to high-end Scada and ERP and MES integration. The financial details of the transaction have not been revealed.
Indusoft, founded in 1997, has delivered more than 250,000 HMI software licenses to more than 700 customers worldwide, primarily industrial computer manufacturers and machine and system builders, who embed its software into their products.
InduSoft will continue to be managed by its existing executive team, adding to Invensys’ operations in the US, Brazil and Germany.
“The acquisition of InduSoft represents the continuing execution of our strategy to strengthen our portfolio through inorganic means, enabling us to target additional segments across our portfolio,” says Ravi Gopinath, president of Invensys’ software business. “InduSoft strengthens and broadens our portfolio, particularly in the embedded HMI segment, and provides a continuing driver for growth. They have a proven and experienced team who we are very happy to welcome to Invensys.”
“Combined with Invensys’ existing software offerings, our capabilities and expertise in the OEM and machine-building segments allow us to provide a broader, end-to-end HMI, Scada and MES solution to our customers,” adds InduSoft president, Marcia Gadbois. “Together, our software tools will make it easier for them to integrate their information and automation systems.
“They will continue to work with the same strong InduSoft team, and we will ensure they continue to receive the exceptional products and service they have come to expect from us,” she adds. “But now they will be backed by a company with global capabilities and an excellent worldwide reputation for providing industry-leading HMI, Scada, historian and advanced applications, such as MES software and solutions.”
“With InduSoft we can now offer everything from basic embedded HMI devices to manufacturing operations, asset management and ERP integration,” says Norm Thorlakson, Invensys’ vice-president for HMI and supervisory software and solutions. “InduSoft technology quickly makes us more competitive and gives us immediate entry to new customers and a stronger OEM sales channel, with a focus on machine-builders and embedded systems.
“We are confident it will make us much more attractive,” he continues. “Wonderware users will now be able buy industrial devices, machines and computers with InduSoft software, while companies that are using InduSoft software will be able to expand their solutions with Wonderware supervisory, historian and manufacturing operations management software.”
Invensys is currently in the process of being acquired itself, by Schneider Electric.