Siemens acquires specialist in plant management with innotec do Brasil

(PresseBox) ( Nuremberg, )
With its takeover of innotec do Brasil based in São Paulo, Brazil, the Siemens Industry Automation Division has extended its leading global position in the field of industrial process engineering software, and at the same time bolstered its presence in one of the world's key growth markets. For more than ten years, Innotec do Brasil has been an exclusive supplier of Comos software solutions for integrated plant management, focusing on Brazil's oil and gas, energy, chemical and paper industries. The newly acquired company will be assigned to the Industrial Automation Systems Business Unit. With the purchase price a closely guarded secret, the deal is set to go ahead subject to approval by the relevant authorities.

Innotec do Brasil was founded in 2001 and employs a highly qualified approximately 50-strong team with pooled expertise in every aspect of integrated industrial plant management. The company has been a highly regarded partner and recognized supplier of Comos software solutions and services for plant engineers and planners operating in the Brazilian process industry for many years. Its customer base includes such prestigious names as Petrobras, one of the world's biggest energy corporations.

"By acquiring innotec do Brasil we are bolstering the position of Siemens in Brazil and extending our market presence as an industrial partner in the energy sector. We will be gaining a team of specialists which already enjoys an excellent reputation as a sound, dependable partner and preferred supplier of Comos software solutions among many of Latin America's key industrial players", says Eckard Eberle, CEO of the Siemens Industrial Automation Systems Business Unit.

The Brazilian firm provides an impressive performance spectrum encompassing business process analysis, solutions to specific customer needs, software implementation and a comprehensive portfolio of plant engineering services.

"We plan to pursue our successful strategy in the growth market Brazil. With a highly qualified local team in place and support from Siemens, we are perfectly positioned to offer innovative software solutions for integrated, future-proof plant engineering. By providing meticulously engineered and efficient solution concepts using Comos, we are able to make a significant contribution towards achieving higher productivity, more economical operation and a sharper competitive edge for our customers," explains Charles Craddock, CEO and former shareholder of innotec do Brasil.

Recent years have seen the Siemens Industry Automation Division significantly extend its leading position in the industrial software market with the acquisition of UGS in the United States (2007), innotec in Germany (2008), Elan Software Systems in France (2009) and in 2011 the Brazilian company Active Tecnologia em Sistemas de Automação as well as Vistagy in the US, all of them leading industrial software suppliers in their respective fields.

For further information, please visit: www.siemens.com/automation innotec do Brasil (São Paulo, Brazil) with its fifty-strong workforce has been a leading supplier of the Comos software portfolio for integrated plant management, focusing on the oil and gas, energy, chemical and paper industries in Latin America, and a preferred supplier of services surrounding the implementation of Comos since 2001.

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