Member News: Softing Acquisitions
- Softing acquires the Industrial Communication product portfolio of Trebing + Himstedt
- Softing to acquire Online Development Inc. (OLDI) in Knoxville, TN
Softing, a leading provider of industrial communication technologies and products for network diagnostics took over the Industrial Communication product portfolio Industrial Communication of Trebing + Himstedt on May 1st, 2014.
Through this acquisition, Softing complements the existing product range, particularly in the area of network diagnostics. Among others, the acquired program includes products for monitoring industrial networks. These products enable specifically the users of PROFIBUS, PROFINET, and Industrial Ethernet to realize state-of-the-art Asset Management solutions for maximizing the availability of their manufacturing facilities.
Softing also announced the acquisition of Online Development Inc. (OLDI), an original design manufacturer (ODM) that designs and builds industrial products for leading factory automation companies. OLDI will operate as an entity under Softing North America.
“OLDI’s 25 years of experience in developing factory automation modules and Softing’s industrial communications expertise offer customers a powerful combination of market-leading products and product development capabilities,” said Dr. Wolfgang Trier, CEO of Softing AG. “Moreover, with this acquisition, we can handle everything from device-level I/O to enterprise-wide communications.”
“Softing’s software development and communications products are a great fit with OLDI’s product development skills in computing, communications and I/O modules,” said Ron Monday, CEO of OLDI. “OLDI will continue as an ODM, developing products for market leading companies under their brands.”
OLDI’s headquarters will remain in Knoxville, TN/USA. OLDI-branded products will continue to be sold and supported with current channel partners.