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- Perseus Group Acquires Honeywell's OptiVision License for Pulp & Paper Industry
Perseus Group Acquires Honeywell's OptiVision License for Pulp & Paper Industry

Key Highlights:
Perseus Group acquires Honeywell's OptiVision license, expanding its presence in the pulp and paper industry.
OPTIVIQ Inc. to manage the OptiVision system, providing order management, manufacturing, and shipping solutions.
Peter Litka appointed General Manager of OPTIVIQ, bringing 30+ years of experience.
Acquisition enhances Perseus' portfolio, focusing on long-term product sustainability for OptiVision customers.
Source: Business Wire
Notable Quotes:
“We look forward to serving the install base of OptiVision with a strong commitment to the future of the product and the industry.”
“OptiVision is a great addition to our portfolio, and we will bring the Perseus vision of ‘Software for Life’ to bear with an eye towards the long-term.”
Our Take:
This acquisition by Perseus further solidifies its commitment to the pulp and paper industry, with OptiVision enhancing its portfolio of long-term software solutions. By entrusting the future of OptiVision to Peter Litka and his extensive experience, Perseus signals a dedication to maintaining and evolving a critical product that many businesses rely on. As the industry continues to demand robust, end-to-end software systems, this acquisition positions Perseus for sustained growth and innovation within this vertical.