GE Fanuc Automation North America, Inc., an affiliate of the General Electric Co., announced that it has signed a definitive agreement to acquire Foxborough, Mass.-based Intellution, Inc., a leading supplier of industrial automation software, with more than 185,000 installations around the world, and a division of Emerson Process Management, an Emerson business.
The transaction, which is subject to government approvals and other customary conditions, is expected to close in the near future. Terms of the deal were not disclosed.
Using award-winning technology, Intellution provides an industry-standard software platform that collects, distributes, controls and visually presents information from the plant floor throughout the enterprise, supplying customers with scalable solutions that deliver increased productivity and return on investment. Intellution also offers best-in-class global customer care for software technology support.
"The addition of Intellution to the GE Fanuc family brings strong growth opportunities in process-related segments as well as a complementary presence worldwide," said Charlene Begley, president and CEO of GE Fanuc. "Additionally, Intellution enhances our software functionality with key batch, historian and plant-intelligence technologies, which further GE's abilities to deliver automation solutions that improve quality, reduce cycle times, increase productivity, and facilitate collaboration in the supply chain."
Robert L. Yeager, president of Intellution, said, "The integration of Intellution into the GE Fanuc organization presents an exciting opportunity to continue our commitment to helping customers gain a competitive advantage. Aligning with GE's broad range of product offerings in the industrial automation markets will bring benefits to all of our customers."
Kevin Roach, vice president of the GE Fanuc global solutions business, said, "Our solutions offering combines the extensive knowledgebase of the worldwide GE organization with domain experience, web-centered software technologies, open architecture hardware and capital financing to drive turnkey, industry-based manufacturing solutions. The addition of Intellution further enhances our ability to provide powerful automation solutions -- which span machine programming and visualization, batch processing, plant-wide supervisory control systems, and enterprise-wide collaborative production management with supply chain optimization capabilities. We welcome Intellution to the GE Fanuc family and look forward to the many productivity, quality and cost-reduction benefits that it will bring to our mutual customers."
Source: GE Fanuc Automation
