AVEVA announced the acquisition of all assets relating to the advanced visualisation and simulation software of Global Majic Software (GMS). This strategic acquisition includes all intellectual property rights, which will be used to support AVEVA's simulation offering for plant owner-operators. The GMS team will become a part of AVEVA's simulation development program.
According to the company, GMS's simulation products will complement AVEVA's existing visualisation technology by providing an immersive environment that enables virtual access to plant facilities for the purposes of inspection, training and maintenance review.
The acquisition also brings immediate benefits to AVEVA's laser technology, which will make it possible to cost-effectively create "as-built" 3D models of existing facilities.
"Plant Owner Operators are increasingly looking at software to help innovate, improve safety and generate efficiencies," said Derek Middlemas, COO and head of enterprise solutions, AVEVA. "Our customers have a business imperative to understand every aspect of their operating assets. The GMS software in combination with our own technology will bring a vastly improved simulation experience enabling a reduction in the number of people exposed to hazardous on-site working environments while improving operational efficiency."
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Sources: Press materials received from the company and additional information gleaned from the company's website.