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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

Slice of Manufacturing Team author

Slice of Manufacturing Team

10/09/2024

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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

Quotes

“ “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

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.

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