Citect announces strategic partnerships
Wednesday, 28 May, 2003
Citect has announced two separate partnership agreements with major European automation companies Felten Automation GMbH and Brains in Motion (BIM) to provide integrated solutions for the regulated manufacturing industries.
Felten and BIM's vertical industry and product expertise are being integrated with Citect's existing systems to create enhanced solutions which make it easier for customers from the food and beverage, chemicals and pharmaceuticals industries to comply with increasingly stringent regulations.
In each agreement, Citect will license the technology under an OEM relationship. The products will be Citect branded and Citect will provide increased marketing and sales penetration through its global channel partners, as well as implementation services and customer support. The deals bring a shared opportunity for all parties, with additional revenues over the next five years of AUD$10 million anticipated by Citect.
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