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Invensys Limited was a multinational engineering and information technology company headquartered in London, United Kingdom. At its height, the company had offices in more than 50 countries and its products were sold in around 180 countries. [3] Invensys was formed in 1999 through the merger of BTR plc and Siebe plc. [4]
Both were former employees of another local startup located in Irvine, California. Wonderware was sold to British-based SIEBE in 1998 for nearly 400 million dollars. By that time, all the founding members had left the company. Co-Founder Phil Huber remains active in startups. Morin died on the last day of 2012.
Invensys Rail Group was a division of Invensys, a UK-based multinational engineering company. It was a designer, manufacturer and integrator of railway equipment, including automation, signalling and controls. The group was headquartered in Chippenham, Wiltshire, and as of 2005, had over 2,750 employees in 14 locations internationally. It ...
In 1999 Siebe PLC and BTR plc merge to become Invensys; In 2002 acquired from Invensys by Alchemy Partners (Guernsey) Ltd. for £1. from Invensys. Alchemy invested £41.4 million to fund a complete restructuring of the loss-making CompAir business, in return for a 67% shareholding.
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In 2007 Sanhua acquired Ranco Valve division (Invensys), from then on, its reversing valve market share is more than 60%. In 2008 Sanhua intelligent (the public company) won China Quality Award, which marked the best product quality in manufacture industry.