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Invensys Building Systems, Inc. Is Announced.


Business Editors

ROCKFORD Rockford, industrial city (1990 pop. 139,426), seat of Winnebago co., N Ill., on the Rock River near the Wis. line; inc. 1839 with the merger of two settlements on opposite sides of the river. , Ill.--(BUSINESS WIRE)--Dec. 23, 1999

Invensys Invensys plc is a British engineering company, headquartered in London, England. It was formed by the merger of Siebe and BTR in 1999. The company is multinational with operations in over 60 countries, employing over 35,000 employees.  Building Systems, Inc., as it is now known, has replaced its previous identity of Siebe Siebe may refer to:
  • Augustus Siebe: inventor of the standard diving dress.
  • Siebe Gorman Ltd: a company founded by Augustus Siebe and his son-on-law Gorman.
  • The Siebe Suit or standard diving dress.
 Intelligent Building Systems. Invensys Building Systems, Inc. is the new legal name for the former Barber-Colman Company. This new identity provides alignment with the overall Invensys corporate strategy for long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 brand name leveraging throughout the company's customer base.

Invensys, the new name, has its roots in invention, innovation and systems, clearly emphasizing the company's focus on world class technologies providing intelligent solutions for global markets.

The new name identities will be as follows;
     Siebe Intelligent Buildings Systems group name will be changed to
     Invensys Building Systems, Inc.

     Siebe Environmental Controls Product Business Unit will be
     identified as Invensys Intelligent Buildings, a Division of
     Invensys Building Systems, Inc.

     Siebe Environmental Controls North American Field Operations,
     previously known as the NAFO Division of SEC, is now the Systems
     and Services Division of Invensys Building Systems, Inc.


The new group identity Invensys Building Systems, Inc., reflects a vision of being able to incorporate all Invensys products and services into commercial control systems. The new brand name "Invensys Intelligent Buildings " retains the concept of Intelligent Automation, but focuses toward the building environment. It also represents Invensys' overall strategy for brand name leveraging better than the previous identity of Siebe Environmental Controls.

About Invensys Building Systems, Inc.

As one of the world's largest manufacturers of interoperable The ability for one system to communicate or work with another. See interoperability.  building control products, the "Invensys Intelligent Buildings Division", coupled with the value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions.  of the "Systems and Services Division", provides comprehensive programs and easy-to-use systems and component products to optimize optimize - optimisation  commercial building operation through OEMs, and a world-wide network of Field Offices and Distributors.

About our parent corporation:

Invensys Building Systems is a member of the Invensys Controls Division. Invensys plc is a global electronics and engineering company created by the merger of BTR BTR Rupee (currency of Bhutan)
BTR Board of Technical Registration
BTR Born to Run (Bruce Springsteen song)
BTR Bureau of Tourism Research (Australia)
BTR Back To Reality
 plc and Siebe plc on 4th February 1999. With its head office in London, England it operates in all regions of the world through four focused divisions - Intelligent Automation, Industrial Drive Systems, Power Systems and Controls. The Invensys vision is to be the global leader in the automation and controls industry. With over 100,000 employees, the company's products range from advanced control systems for automating industrial plants and controlling the environments of buildings, to electronic devices and controls found in residential buildings and light commercial applications.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 23, 1999
Words:397
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