Invensys buys Marcam Solutions

London– Invensys plc agreed May 27 to purchase Marcam Solutions Inc. (Newton, Mass.) for about $60 million in cash or $7.50 per share. A software firm specializing in enterprise resource planning (ERP) and asset management applications, Marcam's 715 employees serve 1,400 customers in more than 40 countries.

07/01/1999


London – Invensys plc agreed May 27 to purchase Marcam Solutions Inc. (Newton, Mass.) for about $60 million in cash or $7.50 per share. A software firm specializing in enterprise resource planning (ERP) and asset management applications, Marcam's 715 employees serve 1,400 customers in more than 40 countries. Invensys plans to combine its Wonderware subsidiary's FactorySuite software with Marcam's software to create a more complete process automation solution.

"We believe Wonderware's presence as a leading source of plant data and Marcam's position as a leading ERP supplier to the process industry will make possible a new generation of plant-centric information systems," says George Sarney, chief executive of Invensys' intelligent automation division.

Roy Slavin, Wonderware's president and ceo, says acquiring Marcam will help Invensys' deliver a real-time, bottom-up, plant-focused ERP system. "The combination of Marcam, our FactorySuite, and commercial simulation software from our sister company, Simulation Sciences, will enable us to expand our software offerings into the higher-end world of enterprise software."





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