Panel Builder System Integrator

Sciemetric

November 10, 2017

TASI Group has acquired Ottawa’s Sciemetric Instruments Inc., a pioneer of Industry 4.0 smart technologies. The terms of the deal between the two privately owned companies were not disclosed. Sciemetric will continue to operate as an independent Canadian corporation.

The deal was attractive to both companies because they each have complementary technologies, strengths and market reach, said TASI CEO John McKenna.

“We believe this acquisition will accelerate growth in both companies,” McKenna said. “Pairing Sciemetric with TASI company Cincinnati Test Systems is an ideal partnership that amplifies each other’s strengths to create a dominant competitive advantage and a strong barrier to entry to other players.”

Sciemetric CEO Nathan Sheaff, who will remain with Sciemetric as president and general manager, said the acquisition gives his company access to new markets and customers, and in particular creates a vast new opportunity to sell its analytics software into a large, global installed base of test systems.

“QualityWorX is the industry’s most versatile software tool allowing manufacturers to swiftly address quality and productivity issues on their production lines,” he said. “Combined with our own test systems and those of the TASI companies, it is the perfect solution for manufacturers that want to improve quality and increase yield.”

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Hannover Messe 2018

German Federal Chancellor Angela Merkel and Mexican President Peña Nieto set the tone on day one of the HANNOVER MESSE/CeMAT double-header. Asked to shake hands with a robot, they both went for the more casual fist bump – a symbol for the relaxed, natural interaction of humans with digitization, robots and machine learning.

"Technology is not about competing with us humans; it's about assisting us. That is the core message conveyed by this trade fair, which has again underscored Hannover's reputation as a global hotspot for the digital transformation of industry," said Dr. Jochen Köckler, Chairman of the Managing Board at Deutsche Messe, at the close of HANNOVER MESSE and CeMAT. 

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