Intertek acquires Automation Technology Inc (ATI)
SAN JOSE, CA - 4/5/2012 -
Automation Technology, Inc. today announces that it has accepted an acquisition offer from Intertek Group plc (Intertek), the leading international provider of quality services to a wide range of industries.
ATI’s collaborative asset management solution is used by owners and thrid party service providers of fossil power generation infrastructure to record and analyse testing and inspection data. Its solutions help asset owners track infrastructure integrity and support the development of effective maintenance plans to reduce failures and optimise maintenance work during scheduled outage periods.
As one of the most recognised and widely used open collaborative asset integrity management systems in North America’s fossil power generation industry, ATI’s software solution, AWARE™, gives fossil energy infrastructure operators the ability to plan for future maintenance outages through analysis and documentation of failure and assessment information. AWARE™ helps equipment owners manage asset integrity data throughout the assets life cycle through the utilization of various third party service providers to make decisions about maximizing asset objectives in todays changing fossil power generation market.
With headquarters in California, USA, ATI complements Intertek’s existing quality and integrity management services for owners and operators of power, oil, gas, petrochemical, renewable energy and other infrastructure and will form part of Intertek’s Industry & Assurance division. AWARE™ will supplement Intertek’s expertise and engineering support in design, process safety, mechanical integrity, inspection and maintenance, operational and process support, corrosion, metallurgy and risk analysis.
Stefan Butz, Executive Vice President of Intertek’s Industry & Assurance division said; “This acquisition is further evidence of our commitment to extend our service offering to customers in the power generation industry. As the leading asset integrity software solution in the US fossil energy market, AWARE™ allows us to provide a collaborative solution offering clients a scalable suite of Asset Integrity Management services designed to fill and meet different customers needs.”
About Automation Technology Inc.
ATI is a leading provider of Collaborative Asset Management solutions for high value equipment. ATI's products help capture failure, inspection and repair knowledge and retain it for these assets throughout its life cycle. ATI’s product have been applied to various types of assets including, boilers, HRSGs, high energy piping lines, steam turbines, pulverizer mills, high voltage underground cables, and transformer equipment.
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