Invensys Operations Management acquires Spiral Software
16 October 2012
Invensys Operations Management has announced its acquisition of Spiral Software, a privately held UK-based company.
Spiral Software provides integrated solutions ranging from crude assay management to refinery supply chain optimisation, enabling clients to make the best possible choices in trading and refining crude oil. Its crude oil knowledge management tools are designed to help companies track the quality of feedstocks and predict their refining behaviour.
Fully-integrated refinery planning and scheduling help optimise production plans based on real-time crude demand and market pricing, as well as the refinery’s own capacity and supply chain constraints.
“Acquiring Spiral Software strengthens our position in the hydrocarbon processing industry and reinforces our commitment to helping our HPI customers optimise all aspects of their business operations,” said Mike Caliel, president and chief executive officer, Invensys Operations Management “Spiral software further extends our refinery optimisation solutions in support of our global installed base and gives us the most comprehensive portfolio in the refining and petrochemical industries. By continuing to expand our portfolio, we are well positioned to compete on global pursuits in these strong and growing markets.”
The business will continue to be managed by Spiral Software’s existing executive team, adding employees to Invensys operations in the UK and the US.
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