Mitsubishi Electric buys stake in Adroit Technologies

  • May 17, 2011
  • News

May 17, 2011 - Mitsubishi Electric Europe acquired a minority shareholding in SCADA/HMI software company Adroit Technologies, for an undisclosed sum. This follows the successful joint development and release of the Mitsubishi Adroit Process Suite (MAPS) at the SPS show in Nuremburg in November 2010. MAPS offers Mitsubishi Electric customers and channel partners an integrated software and hardware platform aimed at reducing initial engineering and extending the quality of an as built solution through extended tools and management software. Hartmut Puetz, Executive Vice President of Mitsubishi Electric Factory Automation in Europe adds,”This investment secures our offering and future proofs commitments and investments made by customers in our product offering. Adroit Technologies have world-class software and a proven track record of large scale solutions in many different industries. In addition, their strategy of building value around automation solutions in the form of the Alarm Management and Analysis tools and the recently released Adroit SCADA Intelligence Business Intelligence and Reporting platforms are both ground breaking and extremely useful productivity tools.” Chris Hazlewood, Marketing Manager of Mitsubishi Electric Europe adds,”The Adroit SCADA and MAPS offers our customers a completely scalable offering. From HMI capability for our OEM customers to unlimited, redundant solutions for large process plants. In addition Adroit offers specific functionality for niche markets such as manufacturing performance management using OEE, energy management and network management - all important for a lot of our customers.” Adroit Technologies Managing Director, Dave Wibberley adds, “Mitsubishi Electric are not only the world’s largest manufacturer of PLC’s but their product offering is superb and they have a great vision of where they want to be. Our joint development around MAPS and the ancillary products we have on offer complemented this strategy perfectly.” The transaction will also see Mitsubishi Electric distributing and supporting MAPS and other related software in Europe through their existing channels. Hartmut Puetz concludes, ”Mitsubishi Electric have always been strong in the OEM market and now with MAPS we will be able to penetrate and compete in the larger process industries and projects. We have a particular focus around water, food and beverage and mining and MAPS gives us an edge in these areas. So far the feedback from our partners has been extremely positive and we look forward to a long and profitable relationship with Adroit Technologies.” About Adroit Technologies Adroit Technologies is based in Johannesburg, South Africa. The company has been developing real-time industrial control software for more than 20 years. With over 15 000 licensed seats in more than 20 countries their Supervisory Control and Data Acquisition Software (SCADA) can be found in virtually every industry sector including water and waste water, utilities, telecommunications, energy, mining and metals, cement, automotive and manufacturing. About Mitsubishi Electric With 90 years of experience in providing reliable, high-quality products to both corporate clients and general consumers all over the world, Mitsubishi Electric Corporation (TSE: 6503 / ISIN JP3902400005) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. The company recorded consolidated group sales of 26,6 billion Euro in the fiscal year ended March 31, 2010.  

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