GE Fanuc completes acquisition of process technology assets from MTL

May 22, 2008

Charlottesville, Va. May, 22 -- GE Fanuc Intelligent Platforms announced today that it has completed the acquisition of assets of the MTL Open System Technologies (MOST) product lines, including the MTL8000 general purpose I/O, intrinsically safe I/O, SafetyNet system, and process control technologies.

“Customers with the need for SIL2 safety systems or intrinsically safe field-mounted I/O will benefit from this new offering,” said Bill Estep, Vice President of GE Fanuc’s Control Systems Business. “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.”

“This is an excellent fit for GE Fanuc, who will now have a full line of SIL 2-compliant and intrinsically safe open control platform products,” said Larry O’Brien, research director, process automation for ARC Advisory Group. “MOST has had a lot of success in applications where a pure PLC platform provides too little functionality and a full-blown DCS too much, a space that GE Fanuc fully addresses with their PAC Systems. The MOST offering essentially provides a blank slate to which GE Fanuc can apply its own application expertise.”

“GE Fanuc looks forward to working with the many integrators who have worked with the MTL products in the past to provide superior process solutions to our extended customer base,” continued Estep. “A key part of our strategy for process solutions is based on working closely with System Integrators to provide value added domain expertise and flexibility for a wide array of customer solutions."