MAVERICK Acquires Laplace Technologies -- Expands APC Service Offerings and Customer Base.COLUMBIA, Ill. -- MAVERICK Technologies, a next-generation engineering, systems integration and operational consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , announced today its acquisition of Laplace Technologies, a global provider of advanced process control (APC (1) (American Power Conversion Corporation, West Kingston, RI, www.apcc.com) The leading manufacturer of UPS systems and surge suppressors, founded in 1981 by Rodger Dowdell, Neil Rasmussen and Emanual Landsman, three electronic power engineers who had worked at MIT. ), engineering and instrumentation services. The acquisition further expands MAVERICK's APC service offerings with additional engineering staff and extensive experience in implementing defined projects and consulting. "We are very excited because the purchase of Laplace augments our APC group and is an integral part of our long-term strategy for sustained growth," stated Paul Galeski, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and founder of MAVERICK. "MAVERICK is already the largest independent systems integrator in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , and this acquisition makes us one of the largest APC groups." Based in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , Laplace specializes in process, DCS (1) See also DSC. (2) Digital Cross-connect System) A network switching and grooming device used by telecom carriers. See digital cross-connect. , PLC and fault-tolerant systems. MAVERICK's acquisition of the company will supplement its expertise in the chemical, petrochemical, polymer and refining industries. "The integration of Laplace's staff into our group more than doubles our resource base and greatly enhances the industry specific process knowledge we can offer our customers," stated Dr. Jim Ford, director of APC for MAVERICK. This latest strategic transaction follows MAVERICK's purchase of the remaining interest in C.F. Picou Associates, a leading global provider of APC design and implementation services based in Baton Rouge, LA. MAVERICK initially gained the controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail in CFPA CFPA Center For Policy Alternatives CFPA California Food Policy Advocates CFPA Center for Professional Advancement CFPA Canadian Fluid Power Association CFPA Cooled Focal Plane Array CFPA Canadian Federal Pilots Association CFPA Canadian Fighter Pilots Association in October 2005 as part of the GE Energy Automation Services business acquisition. "MAVERICK continues its steep growth by strengthening its service offering in APC," stated John Wason, Vice President, ARC Advisory Group. "Judging by recent project wins, MAVERICK's overall service capabilities are now on par with the large DCS suppliers, both in breadth of services offered and in the depth of experience in its project teams." About MAVERICK MAVERICK Technologies is a next-generation engineering, systems integration and operational consulting firm. We deliver innovative solutions for a wide range of manufacturing and process clients, leveraging our extensive network of skilled employees deployed from regional and international locations. MAVERICK's talented staff is dedicated to helping our clients break away from the business inefficiencies they face. We deliver profitability improvement -- individually in plant automation, performance management and business systems, and holistically by integrating knowledge across the enterprise. To learn more, please visit www.mavtechglobal.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion