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

Author

Slice of Manufacturing Team
October 09, 2024

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.

Notable Quotes:

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“We look forward to serving the install base of OptiVision with a strong commitment to the future of the product and the industry.”

Peter Litka, General Manager at OPTIVIQ Inc
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“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.”

Steve Latham, Manager, Manufacturing Software Portfolio at Perseus

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.