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Outotec grows its maintenance services by acquiring Scanalyse


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-02-28 08:21:26 -

OUTOTEC OYJ  PRESS RELEASE   FEBRUARY 28, 2013  at 9:15 AM

Outotec grows its maintenance services by acquiring Scanalyse

Outotec has signed an agreement to acquire Scanalyse Holdings Pty Ltd, an
Australian-based software technology company with operations in Australia,
Brazil, Chile and the United States. Scanalyse provides services in process
equipment condition and performance monitoring. The acquisition strengthens
Outotec's specialized maintenance services, supporting life cycle solutions and
Outotec's strategy to grow the services business. The acquisition is expected to
be completed in March 2013 and the price is not disclosed.

Scanalyse has a strong focus in research and development, with particular
emphasis on algorithms and software technology. The company has developed
proprietary computer analysis of spatial laser scan data. This analysis is used
for process equipment condition and performance monitoring.  Scanalyse products
include MillMapper 
for grinding mill monitoring and CrusherMapper for crusher monitoring. Scanalyse services have quickly gained acceptance in the minerals processing industry in Australia and other mining countries, enabling the operators to optimize their asset performance. Scanalyse has 36 employees, with sales of some few million euros in 2012. Outotec expects to significantly increase the sales of these products worldwide. "Scanalyse is an innovative young company specializing in measurement software development. Its condition and performance monitoring technologies and services are a valuable addition to Outotec's life cycle services portfolio. By combining the expertise of Scanalyse and Outotec we can offer new value added services to our common customer base. There are good opportunities to multiply the business volume of grinding mill and crusher monitoring services and to further develop applications for other process equipment, e.g. refractory lined vessels", says Outotec CEO Pertti Korhonen. For further information please contact: OUTOTEC Kalle Härkki, President - Services business area Tel. +358 20 529 2901 Eila Paatela, Director - Corporate Communications Tel. +358 20 529 2004, mobile +358 400 817198 Emails: firstname.lastname@outotec.com DISTRIBUTION: Main media www.outotec.com This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Outotec Oyj via Thomson Reuters ONE [HUG#1681905]


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