Company makes technology acquisition
The MTL8000 I/O is deployed around the world by process system OEMs, system integrators and end users to solve their most demanding process control applications.
GE Fanuc Intelligent Platforms and MTL Instruments have signed an agreement for GE Fanuc to acquire the assets of the MTL Open Systems Technology (MOST) product lines, including the MTL8000 general purpose I/O, intrinsically safe I/O, SafetyNet system and process control technologies.
MTL is headquartered in Luton, Bedfordshire, UK.
With the addition of a line of redundant-capable SIL2 certified controllers and intrinsically safe I/O to its process solutions, GE Fanuc is now able to fully address the safety system needs of key process industries including oil and gas, chemical and petrochemical, water/wastewater, natural gas and pulp and paper.
Allowing the I/O to be mounted directly in Division 2/Zone 2 or Division 2/Zone 1 hazardous areas provides a cost-effective intrinsic safety solution.
The MTL8000 I/O is deployed around the world by process system OEMs, system integrators and end users to solve their most demanding process control applications.
It is built to withstand the extremes of temperature and vibration as well as the hazardous and corrosive gases that rule out the use of conventional I/O in unfriendly environments.
Included in this product line is a solution for safety-related applications, including: process shut down (PSD), emergency shut down (ESD) systems and burner management systems.
It is a SIL2 safety system in compliance with IEC 61508 and is built on the same platform that is already widely used in process control applications.
The transaction is expected to close in the near future, subject to customary closing conditions.
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