- November 15, 2013
MAC Solutions bought Asgard Technologies, developer of the ProcessVue suite of alarm management and printer replacement software.
November 15, 2013 - MAC Solutions has announced the purchase of Asgard Technologies, developer of the ProcessVue suite of alarm management and printer replacement software. As part of the agreement, in addition to becoming the 100% owner of Asgard Technologies – including ownership of the intellectual property rights to ProcessVue – MAC Solutions has also agreed to invest in the creation of a new ProcessVue software development centre based in Chesterfield that will develop ProcessVue and other KPI reporting products for the Process Management and Automation markets. As part of the transaction, Andrew Swallow, owner of Asgard Technologies, will become a shareholder of MAC Solutions and will join the Board as Director of Software Development. John Pritchard, Managing Director of MAC Solutions commented: “For several years now, MAC Solutions has performed a very successful role as the sole global distributor of ProcessVue and so the company understands the requirements of the installed user base very well indeed. The merger with Asgard Technologies, increased investment in ProcessVue by MAC Solutions, and the setting up of the new software development centre, will benefit existing and new ProcessVue customers. MAC Solutions will continue to invest in the development of new software features and functionality, as well as improving technical support for the software.” Andrew Swallow, Managing Director of Asgard Technologies (UK) Ltd commented: “MAC Solutions has played a key role in the success of ProcessVue from the very start. We have forged a symbiotic relationship benefiting all our customers. It makes sense that we move the relationship forward to the next level by merging the two companies. I’m personally looking forward to formally working with MAC Solutions and am committed to making ProcessVue the de facto Alarm Management product.” ProcessVue is a suite of software that provides clear, relevant and prioritised information to plant operators, supervisors and managers, enabling them to make better-informed decisions about their processes and plant safety. The software combines the latest communication, data logging and reporting technologies with more than 25 years’ experience in design and implementation of Alarm Management and Printer Replacement software. ProcessVue can be used as a standalone application or to bring together multiple disparate systems onto one common platform. Features within ProcessVue include advanced KPI reporting based on EEMUA 191 guidelines; alarm rationalisation (locating ‘bad actors’ and ‘nuisance alarms’); Sequence of Event and real time display in web browser; alarm system benchmarking; alarm and event analysis; and alarm and event archiving. The software also provides a foundation for ensuring that companies meet HSE regulations on the Control of Major Accident Hazards (COMAH). About MAC Solutions Founded in 1996, MAC Solutions hardware and software solutions enable operators in the transportation, surveillance, infrastructure and automation industries to connect and manage distributed assets. The company specialises in helping customers select and source appropriate systems to help leverage their production machine and process data from existing plant control and automation systems, up to enterprise business level systems. With more than 16 years’ experience in the industry, MAC Solutions offers a range of industrial Ethernet ‘open connectivity’ solutions, as well as version control software, industrial Ethernet switches, web visualisation tools, alarm management software, connectivity devices for Siemens’ PLCs, Ethernet-enabled OPC servers, industrial HMIs and PCs. MAC Solutions’ clients include utility companies, food and beverage manufacturers, power generation, breweries, oil and gas, automotive, water treatment, wind farms, paper and print, electronics and pharmaceuticals.Learn More
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