GE Fanuc acquires MTL product lines

Wednesday, 16 April, 2008

GE Fanuc Intelligent Platforms and MTL Instruments Group have announced an agreement for GE Fanuc to acquire the assets of the MTL Open Systems Technology (MOST) product lines, including the MTL8000 general purpose I/O, intrinsically safe I/O, SafetyNet system and process control technologies.

“This acquisition illustrates GE Fanuc’s commitment to the process market segments and will further enhance our offerings by providing customers with a superior line of SIL2 controls, intrinsically safe rated I/O modules and process control technologies,” said Bill Estep, vice-president of GE Fanuc’s Control Systems Business.

“Customers with the need for intrinsically safe field-mounted I/O will benefit from this new offering.”

The transaction is expected to close in the near future, subject to customary closing conditions.

 

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