SAMSON Acquires Israeli Start-up Company Visual Process

|   Communiqués de presse | 2657 characters (including spaces), 384 words

SAMSON Extends the SAM DIGITAL Digital Solution Portfolio with SAM GUARD

SAMSON AKTIENGESELLSCHAFT, a leading international manufacturer of control valves for process automation, has acquired the Israeli start-up Visual Process Ltd. and with the start of ACHEMA, SAMSON will offer its customers the technologically leading predictive monitoring and diagnostic tool SAM GUARD based on Precognize. The transaction value remains confidential.

SAM GUARD is used for predictive maintenance on several thousand valves and other field devices in industrial plant operation and complements the SAM DIGITAL solutions portfolio. SAM stands for “SAMSON ASSET MANAGEMENT”. The SAM DIGITAL solutions combine decades of experience and SAMSON‘s in-depth understanding of processes with the latest technologies and smart information. Customers are offered real added value by the resulting optimization of their processes.

“With SAMSON we have found the perfect partner for the global expansion and operation of Precognize,” says Chen Linchevski, CEO of Visual Process. The company was backed by Maverick Ventures Israel. Yaron Carni, the founder of Maverick Ventures Israel who served on the company’s board, comments: "I view the connection between SAMSON and Precognize as completely synergetic and as one which will enable SAMSON to continue to provide its customers a superior service." Andreas Widl, CEO of SAMSON, adds: “The DNA, vision and strategic positioning of both companies complement each other uniquely. This brings us closer to our goal of becoming the market and innovation leader for intelligent, networked valve technology in process automation.”

Precognize provides SAMSON with the most sophisticated and advanced process monitoring tool to detect system abnormalities in advance, enabling the operator to take the right action to counteract system failures.

About SAMSON

SAMSON manufactures control valves, butterfly valves and modular automation units for use in all areas of process engineering as well as self-operated regulators for simple control systems with a constant reference variable. Sophisticated transmitters, controllers and automated systems are also part of the SAMSON product range. Solutions from the SAM DIGITAL product line have been  added for smart networking of components and systems in process automation to take on the challenges posed by the growing digitalization.

Together with the SAMSON subsidiaries AIR TORQUE, CERA SYSTEM, KT-ELEKTRONIK, LEUSCH, RINGO VÁLVULAS, PFEIFFER, SED, STARLINE and VETEC, SAMSON offers a product portfolio to meet all industrial process requirements.