Atlantis Holding acquiring Enterprise Automation

Atlantis Holding Corp. reports that it will buy Enterprise Automation Inc.

05/05/2005


 

Atlantis Holding Corp . reports that it will buy Enterprise Automation Inc . Terms of the acquisition aren’t final, but it’s expected that Atlantis will purchase Enterprise for cash and shares of Atlantis.

 

Enterprise is a Tustin, CA-based engineering firm that offers service and support for all phases of industrial automation, from the design phase to project completion and ongoing optimization. Enterprise specializes in programmable controllers, operator interfaces, and data acquisition systems. Project sizes range from one custom machine to complete production lines in a wide variety of industries. In addition, Enterprise works in energy management, and plans to combine its automation expertise with photovoltaic technology to provide improved energy efficiency for industrial facilities. Clients range from small private companies to larger firms, including Universal Studios, a division of General Electric; U.S. Filter, a division of Veolia Environnement; and Sempra Energy.

 

“The acquisition of Enterprise Automation is the first in what we hope to be several mergers and acquisitions intended to grow Atlantis Holding's offering of products and services related to industrial automation, process control, quality control, and environmental protection,” says Robert Thompson, Atlantis’ president and CEO. “Enterprise Automation is an established company with excellent growth prospects, and should be a good fit in our long-term growth plans.”

 

Atlantis is a holding company with three other wholly owned subsidiary companies, including: Cal-Bay Controls, Cal-Bay Analytical, and WetChem.

 

—Jim Montague, news editor, Control Engineering, jmontague@reedbusiness.com

 



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