RNS Number : 6104B
Spectris PLC
20 June 2016
SPECTRIS PLC
Acquisition of CAPSTONE TECHNOLOGY CORPORATION
20 June 2016 - Spectris plc ("Spectris") (LSE: SXS), the
productivity-enhancing instrumentation and controls company, today announces that it has completed the acquisition of the
software and associated assets of the privately-held US company Capstone Technology Corporation ("Capstone") for a consideration
of $22.5 million.
Capstone is a leading provider of software solutions for process control optimization and decision
support, serving multiple process industries, such as pulp and paper, chemicals, utilities, oil and gas and food and beverage. It
comprises two key software platforms: the MACS software suite provides engineering services and software for advanced process
control optimization, while dataPARC is a data historian, visualization and analytics software suite for operational decision
support. Capstone will be integrated into Spectris' In-line Instrumentation segment. More information on Capstone can be found
at http://www.capstonetechnology.com/.
Jo Hallas, Business Group Director, said: "Capstone is an excellent addition that extends our
portfolio to include enhanced process control and decision support solutions. For example, the combination of Capstone's software
tools with BTG's instruments will enable us to provide market leading solutions for process control and optimization across our
global pulp, tissue and packaging markets, as well as into other process industries. This is in line with Spectris' strategy to
grow by using our domain knowledge to provide solutions that use innovative combinations of instrumentation, software and
services to enhance productivity and create greater value for our customers."
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Contacts:
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Spectris plc
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Matt Jones, Head of Corporate Affairs
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+44 1784 470470
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FTI Consulting
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Richard Mountain / Susanne Yule
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+44 20 3727 1340
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ABOUT SPECTRIS
Spectris plc is a leading supplier of productivity-enhancing instrumentation and controls. The
Company's products and technologies help customers to improve product quality and performance, improve core manufacturing
processes, reduce downtime and wastage and reduce time to market. Its global customer base spans a diverse range of end user
markets. Spectris operates across four business segments which reflect the applications and industries it serves: Materials
Analysis, Test and Measurement, In-line Instrumentation and Industrial Controls. Headquartered in Egham, Surrey, United Kingdom,
the Company employs around 8,300 people with offices in more than 30 countries. For more information, visit www.spectris.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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