Home » GE Fanuc buys process assets from MTL Instruments Group
GE Fanuc buys process assets from MTL Instruments Group
Charlottesville, Va., March 31 --GE Fanuc Intelligent Platforms and MTL Instruments Group plc, announced today that the two companies have signed an agreement for GE Fanuc to acquire the assets of the MTL Open Systems Technology (MOST) product lines, including the MTL8000 general purpose I/O, intrinsically safe I/O, SafetyNet system and process control technologies. MTL is headquartered in Luton, Bedfordshire, U.K.
“This acquisition illustrates GE Fanuc’s commitment to the process market segments and will further enhance our offerings by providing customers with a superior line of SIL2 controls, intrinsically safe rated I/O modules and process control technologies,” said Bill Estep, vice president of GE Fanuc’s Control Systems Business. “Customers with the need for Intrinsically Safe Field Mounted I/O will benefit from this new offering.”
With the addition of a line of redundant, capable SIL2-certified controllers and intrinsically safe I/O to its process solutions, GE Fanuc is now able to fully address the safety system needs of key process industries including oil & gas, chemical & petrochemical, water/wastewater, natural gas, and pulp & paper. Allowing the I/O to be mounted directly in Division 2/Zone 2 or Division 2/Zone 1 hazardous areas provides a cost-effective intrinsic safety solution.
Included in this product line is a comprehensive solution for safety-related applications, including process shut down (PSD), emergency shut down (ESD) systems and burner management systems. It is a SIL2 safety system in compliance with IEC 61508 and is built on the same platform that is already widely used in process control applications.
“When GE Fanuc launched its Proficy Process Systems last year, we took an open approach toward supporting fieldbus technology and I/O,” said Steve Ryan, Director of Process Solutions for GE Fanuc. “The addition of the MTL8000 line of I/O re-emphasizes our commitment to providing our customers with the freedom to choose the I/O, Safety and process control strategy that best meets their needs.”
“MTL Open Systems Technology solutions have been proving themselves around the globe and across many industries for the past 10 years,” said Graeme Philp, CEO for MTL. “Combining them with the global reach of GE Fanuc Intelligent Platforms and their new GE Fanuc Process Solutions will provide OEMs and end users with highly competitive choices at a great value. MTL will continue to invest in key process- related infrastructure such as wireless, fieldbus communications and intrinsic safety.”
The transaction is expected to close in the near future, subject to customary closing conditions.
- 05/17/2013 Friday p.m. Wrap-Up:This Week on ControlGlobal and Elsewhere
- 05/16/2013 What's Bad Weather Costing Us?
- 05/16/2013 BP, Shell, Statoil Raided by EC
Invensys' SimSci Suite 2013 Now with More Usability Features
Invensys releases SimSci Suite 2013, a DVD catalogue providing a single source for all of Invensys' current SimSci-Esscor design, operator training, simulation and optimization software
Honeywell Integrates and Certifies FMC722 Subsea Automation Protocol
The integration and certification of these solutions will boost the productivity of oil and gas field operators and engineers
- 05/15/2013 What we can learn about safety from the Titanic hearings
- 05/15/2013 Monsanto Muscatine named 2012 HART Plant of the Year
- 05/14/2013 Siemens gas chromatograph is ISA Product of the Year
- 05/14/2013 IChemE issues call for papers for fall conference
- 05/10/2013 CEO Hogan to leave ABB for private reasons
- All news »
Access the entire print issue on-line and be notified each month via e-mail when your new issue is ready for you. Subscribe today.
- Featured White Papers