Wood Group acquires Ingenious Inc.
Wood Group has acquired Ingenious Inc., a supplier of proprietary software and consulting services to the global chemical, oil & gas, and energy industries, from its executive leadership team.
The acquisition provides a strong manufacturing operations management (MOM) systems capability that builds upon and diversifies the capabilities of Wood Group Mustang’s automation and control business, within which it will operate. Ingenious’s software products consist of remote performance monitoring, production planning and scheduling, and training, including e-learning and training simulators for the process industries.
Founded in 2000 by Vibhu Sharma and Bharat Kamdar, Houston-based Ingenious provides consulting and engineering services to support software sales and non-software-related services such as process engineering, design and simulation, and process safety management. Ingenious also has an office in Mumbai, India, that supports regional customers, executes international projects and assists in software development. The Mumbai operations expand the automation and control business’s geographic footprint and client relationships in Asia and the Middle East.
Wood Group will also be able to leverage Ingenious’s strength in the operator training simulator market to enhance its control system simulators, training tools and services.
Source: Wood Group
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