Automation and control system provider extends service offering through acquisition
Metso strengthens its plant optimization services by acquiring U.S. software company ExperTune Inc.
Metso has acquired the U.S. software company ExperTune Inc., a supplier of software tools to analyze and monitor performance of industrial processes and to identify associated maintenance and improvement opportunities.
Metso says this acquisition is in line with its strategy to deliver customer value solutions and grow the scope of the service business globally. It aims to expand and strengthen Metso's ability to provide business-enhancing services to customers globally. ExperTune's products will continue to be sold as stand-alone solutions that can be used in any automation system environment and as part of Metso's performance business solutions, targeted to optimize plant performance.
“The combination of ExperTune's products and Metso's services portfolio extends our capability to offer solutions targeted at improving process and business performance,” says Mikko Keto, president of services, Metso Automation. “With ExperTune we can provide more versatile and more cost effective customer value solutions to our customers so that they can meet their most pressing business challenges, such as reducing raw material consumption, energy usage, product variability and environmental impact. ExperTune's products help our customers to find areas of improvement in their processes to which Metso has customer value solutions.”
Metso reports that its service business has developed strongly over the last decade. In 2011, the service share of the company's turnover was 45%. ExperTune will be integrated into Metso's Automation segment's services business.
Founded in 1986, ExperTune designs pre-packaged industrial software which helps maximize productivity and efficiency, while reducing waste in process industries. It is headquartered in Milwaukee, Wis. ExperTune's products include PlantTriage, ProcessApex and PID Loop Optimizer.
Edited by Peter Welander, email@example.com