March 13, 2019 - HMS Industrial Networks AB, a wholly owned subsidiary of HMS Networks AB (publ), has acquired 74.9% of all shares in the German company WEBfactory GmbH located in Buchen, Germany, a provider of web-based software solutions for the Industrial Internet of Things, IIoT.
Founded in 1994 as a system integrator within SCADA, WEBfactory released its first own software in 2000. Today, WEBfactory is a software company with customers worldwide, primarily known for its i4 suite of software products. The i4 portfolio addresses IIoT-related customer challenges such as data collection, analysis and visualization, and includes the following main components:
- i4connected – an IIoT platform that connects plants, machines, systems, and buildings digitally, enabling smart applications such as remote monitoring, predictive maintenance and energy management.
KPI data from connected equipment is provided in real time, after which it can be processed, analyzed and integrated any IIoT/IT applications.
- i4SCADA – a web-based software which enables tailor-made data and process visualization related to machines, production plants and building management systems.
- i4BACnet – a web-based management and operations software for building management systems which is certified according to the BACnet standard.
WEBfactory GmbH, including its fully owned subsidiary in Romania, employs 27 people and is expected to have sales of EUR 2.5 million in 2019. The acquisition will have a limited impact on HMS’ earnings per share in 2019. HMS has acquired 74.9% of all shares in WEBfactory.
The remaining 25.1% is owned by CEO Bernhard Böhrer who also stays as managing director. The deal is expected to close on April 1 st , 2019.