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Kepware Technologies

Company

Information technologies
USA
Portland
04101, Congress Street 400, 4th Floor Portland


Owners

Founded in 1995 in Portland, the State of Meyn, the Kepware company services clients in 120 countries – in the fields of industrial production, an oil and gas sector, power engineering specialists, etc. The main product of KEPServerEX company connects separate devices and management systems, providing to users a uniform source of industrial data.

At the beginning of 2017 PTC announced conclusion of an agreement about merger of Kepware which delivers means of communication with situations of industrial automation.

This transaction will strengthen the solutions PTC in the field of Internet of Things (IoT) and will accelerate process of implementation of these solutions in the industry and in Industrial Internet of Things (Industrial Internet of Things, IIoT). The amount the transaction is 100 million dollars with a possibility of increase up to 118 million under a condition if some production and financial results are received further.

KEPServerEX will become a strategic komponenty technology platform of ThingWorx which is key the IoT-solutions elements from PTC. This a component will allow to integrate data from products of clients and to concentrate this information in ThingWorx for the automatic analysis.