Acquisition of ReliaSoft Corporation
HBM nCode increases footprint in engineering software products and services
January 23, 2015
HBM nCode, a global leader in providing technology and software products for durability and performance analyses, has confirmed the acquisition of ReliaSoft, an industry leader in reliability engineering software and services, through its parent organization, Spectris plc. ReliaSoft will be integrated with HBM nCode, a fast growing engineering software business within the Spectris Test and Measurement segment.
HBM nCode is a well-respected and long-established supplier of durability software and solutions. This transaction will strengthen HBM nCode’s growing engineering software business and will build on the strong brand recognition and reputation of both ReliaSoft and HBM nCode. The business will benefit from the investment and global network that will come as being part of HBM nCode.
ReliaSoft, the largest global organization focused exclusively on reliability engineering, is dedicated to meeting the reliability and quality needs of product manufacturers and maintenance organizations worldwide in many industries worldwide including automotive, aerospace, chemical processing, oil and gas, electronics, energy and defense.
“This is a strategic move for HBM nCode,” says Brian Dabell who leads the management team of the combined organization. “There are many advantages to this initiative and the leadership team at HBM nCode has a strong interest in developing and investing in ReliaSoft’s technology and its highly talented workforce. This will provide the opportunity for our organization to accelerate growth and expansion into key international markets, delivering exceptional value to our customers.”
About HBM nCode:
With over 30 years’ experience, HBM nCode provides unique world leading capability to deliver software products and services/consultancy that enable organizations to automatically analyze, interpret and manage high volumes of measured data to provide durability and operational performance information about their products and equipment. This allows organizations to improve their understanding of product integrity and performance, avoid unexpected “in service” failures, predict component life and performance, improve safety, reduce maintenance and warranty costs, extend equipment life, provide a sound basis for future designs and modifications, create more durable products and reduce life cycle costs. HBM nCode has operations in Michigan (USA), Mississippi (USA), Sheffield (UK), Paris (France) and Darmstadt (Germany). Its global customer base, together with Spectris large global footprint, spans a diverse range of end user markets. HBM nCode employs over 100 people. For more information, visit www.ncode.com
ReliaSoft was established in 1992 by Pantelis Vassiliou in Tucson, AZ. ReliaSoft has evolved into a global reliability solutions company that offers a comprehensive range of software and services dedicated to meeting the reliability engineering and quality needs of product manufacturers and maintenance organizations worldwide. ReliaSoft is the largest global organization focused exclusively on reliability engineering. It is a leading provider of reliability engineering software, education, consulting and related services dedicated to meet the reliability and quality needs of product manufacturers and maintenance organizations worldwide. ReliaSoft is headquartered in Tucson, Arizona, with operations in Poland, Singapore and India plus a global distributor network. ReliaSoft has approximately 86 permanent, full-time employees worldwide, of which about 59 are located in Tucson. For more information, visit www.reliasoft.com