VISION SYSTEMS MANUFACTURER EXPANDS BY ACQUISITION
Meta Vision Systems, whose factory in Oxford, England, produces laser-based seam finding and tracking systems for automating arc welding processes, has acquired Integrated Sensor Systems (iSS), East Kilbride, Scotland, a manufacturer of bespoke equipment for weld seam tracking mainly in pipe mills and for pressure vessel applications.

Said Mike Wilson, Meta’s managing director, “iSS dovetails neatly into our management structure and product portfolio. For example, its high-end, custom engineered solutions complement our volume sales of standard products through major robot and welding equipment vendors throughout the world.

“Our marketing and brand recognition, with over 500 sensor systems operating in 30 countries, will strengthen sales of iSS products and promote us to the market-leading position in our industry; whilst their engineering expertise reinforces the overall technical capability of the newly enlarged company.”

Key staff from iSS have moved to the Meta facility in Oxford, where all operations including manufacture are being consolidated. Bob Beattie, formerly managing director of iSS, becomes engineering director of Meta.

The company’s other company in Quebec, Canada, is unaffected by the developments except that it is now able to offer iSS products, which includes a special system for measuring the flatness of strip in rolling mills.

Strathdon Investments, Meta’s venture capital investor, has provided extra funds for integration and growth following the acquisition, which was completed on Thursday 14th March.

DATE: 27/3/2002

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