Wood Group expands operator training and simulation capabilities with acquisition of Cape Software
April 21, 2014
Source: Bobbie Ireland
Department: Wood Group
Phone: (281) 828-3505
HOUSTON, April 15, 2014-Wood Group has acquired Cape Software ("Cape"), a Texas provider of simulation software and services for operator training and logic validation for SCADA and DCS industrial control systems used by the oil & gas and other process-based industries. Cape will become part of the MSi Kenny Products business within Wood Group Kenny. Cape's revenue for the year to December 31, 2013 was around $5 million.
Cape's VP Link® software product, used to simulate process responses on control networks and for interactive operator training, complements MSi Kenny's more comprehensive Virtuoso® simulation modelling technology, which is used for pipelines and processes. The companies' previous collaborations have resulted in the development and implementation of integrated operator training systems for upstream offshore oil & gas facilities, enabling critical unit operations to be rigorously modelled.
Michael Mai, a member of the Wood Group Kenny leadership team and president of MSi Kenny, said: "The acquisition of Cape expands our product and service portfolio for customers worldwide and is an important part of our technology-led growth strategy. VP Link broadens our existing operator training simulator to include a full-featured, hardware-based solution, so operators can train on the same type of equipment they will operate in the control room.
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