Metso strengthens its plant optimization services by acquiring U.S.
software company ExperTune Inc
HELSINKI, FINLAND -- (Marketwire) -- 01/02/13 -- Metso Corporation's
press release on January 2, 2013 at 11:00 a.m. local time
Metso has acquired U.S. software company ExperTune Inc. ExperTune's
products are widely used as software tools to analyze and monitor the
performance of industrial processes and to identify the associated
maintenance and improvement
ExperTune's acquisition is in line with Metso's strategy to deliver
value solutions and grow the scope of the services business
globally. The acquisition expands and strengthens Metso's ability to
globally provide business-enhancing services to customers.
ExperTune's products will 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
''The combination of ExperTune's products and Metso's services
our capability to offer solutions targeted to
improving process and business
performance,'' says Mikko Keto,
President, Services, Metso Automation.
''With ExperTune we can provide more versatile and more cost
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
value solutions,'' Keto summarizes.
Metso's services business has developed strongly over the last
decade. In 2011,
the services share of the company's turnover was 45
per cent. ExperTune will be integrated into Metso's Automation
segment's Services business.
Founded in 1986, ExperTune designs pre-packaged industrial software
maximizing productivity and efficiency and reduces waste in
the process industries worldwide. Its net sales are less than MEUR
10. ExperTune is headquartered in the United States in Milwaukee,
Wisconsin. It has an extensive
sales representative network on all
continents. ExperTune's products include
PlantTriage, ProcessApex and
PID Loop Optimizer.
The Automation segment's process automation and flow control
solutions meet the
growing needs of Metso's customer industries to
improve production process efficiency as raw materials and energy
sources become scarcer and their costs
increase. Our global network
of service experts delivers business solutions to
our customers that
improve their productivity, lower risks and optimize costs.
www.metso.com/automation , www.twitter.com/metsoautomation
Metso is a global supplier of technology and services to customers in
the process industries, including mining, construction, pulp and
paper, power, and
oil and gas. Our 30,000 professionals based in over
50 countries deliver sustainability and profitability to customers
worldwide. Expect results.
www.metso.com , www.twitter.com/metsogroup
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Source: Metso Corporation via Thomson Reuters ONE [HUG#1667720]
For further information, please contact:
Automation segment's Services business
tel. +358 50 317 3444
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