Wood Group Acquires Ingenious Inc
John Wood Group plc has acquired Ingenious Inc., an engineering software and consulting services company that serves the oil and gas industry.
Founded in 2000 by Vibhu Sharma and Bharat Kamdar, Houston-based Ingenious’ software products consist of remote performance monitoring, production planning and scheduling, and training, including e-learning and training simulators for the process industries. The acquisition provides a “strong manufacturing operations management systems capability”, according to a Wood Group statement, which “builds upon and diversifies the capabilities of Wood Group Mustang's automation and control business”, within which it will operate.
Wood Group Mustang CEO Michele McNichol said in a company statement:
"The capabilities Ingenious provides will enhance the scale and breadth of our automation and control business. Wood Group Mustang has been a client and reseller of Ingenious's products. Together, we can pursue projects that neither could explore independently."
Ingenious CEO Vibhu Sharma said in a company statement:
"Joining Wood Group Mustang's automation and control business allows us to offer existing and new customers an enviable combination of software and consulting services, from training simulators to performance monitoring, planning, scheduling, environmental, APC, MES and related solutions. It's also a match culturally as we value the same principles that Wood Group embodies. All of us at Ingenious see this as a springboard to establish a strong leadership position in the manufacturing operations management space."
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