GarrettCom buys Dymec, expands power utility network focus
Fremont, CA— With its purchase of Dymec Inc. , industrial Ethernet leader GarrettCom broadens its product offerings and sales and services in the area of power utility automation and surveillance networks. The acquisition was effective Aug. 1. Both companies are privately held; terms of the agreement were not disclosed.
Both companies have aggressively addressed critical utility needs and technologies that will increase reliability and security of the electric power generation, transmission, and distribution infrastructure. The merger is expected “to bring added focus on the rugged, intelligent, and secure networking requirements of this sector,” the companies said. Dymec manufactures substation-hardened network products.
The new combined product line includes GarrettCom’s Magnum line of industrial Ethernet products, Dymec’s substation-hardened fiber links and optical stars, and DynaStar multi-protocol routers and terminal servers. New products will be forthcoming later this year, GarrettCom says. Frank Madren will remain president of GarrettCom with Dymec president John Shaw assuming the role of executive vice president with responsibility for the company’s utility networks product and marketing initiatives.
—Control Engineering Daily News Desk
Jeanine Katzel , senior editor