February 2012, Vol. 239 No. 2
Business Meetings & Events
FMC Acquiring Control Systems
FMC Technologies, Inc. announced Feb. 17 that it has signed a definitive agreement to acquire Control Systems International, Inc. Terms were not disclosed.
Founded in 1968, CSI is a leading supplier of control and automation systems. These include FUEL-FACS+, the company’s Terminal Automation and Information Management System, and the User Configurable Open System (UCOS), a complete supervisory control and data acquisition system and software solution. Headquartered in Lenexa, Kansas, with operations in Irvine, California, and London, England, CSI has approximately 150 employees.
“The addition of CSI enhances FMC’s automation and controls technologies and supports our long-term strategy to expand our subsea production and processing systems,” said Robert Potter, FMC’s Executive Vice President of Energy Systems. “This acquisition also provides immediate benefits for our Measurement Solutions business to offer comprehensive fuel terminal and pipeline automation systems, resulting in significant value to our customers.”
Comments