Outotec Oyj : Outotec grows its maintenance services by acquiring Scanalyse
OUTOTEC OYJ PRESS RELEASE FEBRUARY 28, 2013 at 9:15 AM
Outotec grows its maintenance services by acquiring Scanalyse
Outotec has signed an agreement to acquire Scanalyse Holdings Pty Ltd, an
Australian-based software technology company with operations in Australia,
Brazil, Chile and the United States. Scanalyse provides services in process
equipment condition and performance monitoring. The acquisition strengthens
Outotec's specialized maintenance services, supporting life cycle solutions
and Outotec's strategy to grow the services business. The acquisition is
expected to be completed in March 2013 and the price is not disclosed.
Scanalyse has a strong focus in research and development, with particular
emphasis on algorithms and software technology. The company has developed
proprietary computer analysis of spatial laser scan data. This analysis is
used for process equipment condition and performance monitoring. Scanalyse
products include MillMapper for grinding mill monitoring and CrusherMapper for
crusher monitoring. Scanalyse services have quickly gained acceptance in the
minerals processing industry in Australia and other mining countries, enabling
the operators to optimize their asset performance.
Scanalyse has 36 employees, with sales of some few million euros in 2012.
Outotec expects to significantly increase the sales of these products
"Scanalyse is an innovative young company specializing in measurement software
development. Its condition and performance monitoring technologies and
services are a valuable addition to Outotec's life cycle services portfolio.
By combining the expertise of Scanalyse and Outotec we can offer new value
added services to our common customer base. There are good opportunities to
multiply the business volume of grinding mill and crusher monitoring services
and to further develop applications for other process equipment, e.g.
refractory lined vessels", says Outotec CEO Pertti Korhonen.
For further information please contact:
Kalle Härkki, President - Services business area
Tel. +358 20529 2901
Eila Paatela, Director - Corporate Communications
Tel. +358 20 529 2004, mobile +358 400 817198
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Source: Outotec Oyj via Thomson Reuters ONE
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