Invensys Ltd. was a multinational engineering and information technology company headquartered in London, United Kingdom. It was formed in 1999 through the merger of

BTR plc BTR plc was a British multinational industrial conglomerate company headquartered in London, United Kingdom. It was founded in 1924, grew strongly by acquisition under Sir Owen Green's leadership, and merged with Siebe plc in 1999 to form BTR ...

and

Siebe plc Siebe may refer to: *Augustus Siebe: inventor of the standard diving dress *Siebe Gorman Siebe Gorman & Company Ltd was a British company that developed diving equipment and breathing equipment and worked on commercial diving and marine salva ...

. It had offices in more than 50 countries and its products were sold in around 180 countries. The company was founded on 1 April 1920 as Siebe Gorman & Company Ltd and continued through various name changes registered at

Companies House Companies House is the executive agency of the company registrars of the United Kingdom, falling under the remit of the Department for Business, Energy and Industrial Strategy. All forms of companies (as permitted by the Companies Act) are i ...

from that date. In January 2014 the company was taken over by the French multinational

Schneider Electric Schneider Electric SE is a French multinational company that specializes in digital automation and energy management. It addresses homes, buildings, data centers, infrastructure and industries, by combining energy technologies, real-time automation ...

for a total consideration of $5.5 billion. Schneider phased out the "Invensys" name in favour of its own. Invensys lines of business were grouped into four segments: Software, Industrial Automation, Energy Controls and Appliance. Its brands included Avantis,

Eurotherm Eurotherm is a supplier of control and measurement instruments to industrial and process markets. They are part of Watlow, an electricity distribution, automation management and producer of installation components for energy management company. ...

, Foxboro, IMServ, InFusion,

Triconex Triconex is both the name of a Schneider Electric brand that supplies products, systems, and services for safety, critical control, and turbomachinery applications and the name of its hardware devices that utilize its TriStation application softwa ...

, SimSci, Skelta,

Wonderware Wonderware was a brand of industrial software now owned by Aveva and rebranded under the AVEVA name. Wonderware was part of Invensys plc, and Invensys plc was acquired in January 2014 by Schneider Electric. Invensys plc.BTR plc BTR plc was a British multinational industrial conglomerate company headquartered in London, United Kingdom. It was founded in 1924, grew strongly by acquisition under Sir Owen Green's leadership, and merged with Siebe plc in 1999 to form BTR ...

and

in 1999. From 1999 to 2004, it underwent a major restructuring programme to cut its costs as falling sales and large debts had led to the danger of its going bankrupt. A major disposal programme combined with a £2.7bn debt restructuring in 2004 saved it from collapse. During that time it bought and sold The Baan Corporation. In March 2011, Wayne Edmunds, who had been chief financial officer since 2009, was appointed Chief Executive, replacing Ulf Henriksson. According to ''

The Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikk ...

'', Henriksson, who had been Chief Executive since 2005, had had differences with chairman

Nigel Rudd Sir Nigel Rudd, (born 31 December 1946 in Derby, England) is a Fellow of the Institute of Chartered Accountants. In 1982, he founded Williams Holdings, a company which went on to become one of the largest industrial holding companies in the Un ...

over running the company, in spite of the return to financial health under Henriksson. During 2011 and early 2012 the share price fell nearly 50%, in part due to delays costing £40 million in producing control and safety systems for eight Chinese nuclear reactors. In July 2013 it was announced that Invensys was to be taken over by the French multinational

for a total consideration of £3.4 billion. The takeover was completed on 17 January 2014.

Operations

Invensys was organised into four main segments: Software, Industrial Automation, Energy Controls and Appliance. ;Avantis Avantis Enterprise Asset Management provides maintenance repair and operations including maintenance management, spares and inventory management, condition monitoring and procurement. ;

Supplier of control measurement and data recording to industrial and process consumers. ; Foxboro Provides control systems addressing distributed and plant operations as well as measurement and instrument systems. Instruments include Pressure Transmitters, Coriolis Flow Meters, Valve Positioners, Buoyancy Level Transmitters and Temperature Transmitters. ;IMServ Europe IMServ Europe is a provider of energy management and data monitoring services. IMServ was previously part of Invensys Controls. ;SimSci SimSci provides applications that help improve asset performance and utilisation with integrated simulation, optimisation, training, and process control software and services. ;Skelta Skelta BPM is a product for

business process management Business process management (BPM) is the discipline in which people use various methods to discover, model, analyze, measure, improve, optimize, and automate business processes. Any combination of methods used to manage a company's business pro ...

. ;Triconex

provides safety and critical control systems used in applications including Emergency Shutdown, Burner Management, Fire and Gas and Turbomachinery Control and Protection. ;Wonderware

Wonderware Wonderware was a brand of industrial software now owned by Aveva and rebranded under the AVEVA name. Wonderware was part of Invensys plc, and Invensys plc was acquired in January 2014 by Schneider Electric. Invensys plc.List of companies based in London This is a list of companies in London, England. London is the capital city of England and the United Kingdom. With an estimated 8,308,369 residents in 2012, London is the most populous region, urban zone and metropolitan area in the United ...

References

External links

Invensys
on Schneider Electric website {{Use dmy dates, date=July 2015 Engineering companies of the United Kingdom Defunct companies based in London Technology companies established in 1999 British companies established in 1999 MES software Schneider Electric