Wood Group buys proprietary software supplier Ingenious

Wood Group announced the acquisition of Houston-based proprietary software supplier Ingenious Inc from its executive leadership team for an undisclosed sum.

The FTSE 250 oil and gas services company said the acquisition provides a strong manufacturing operations management (MOM) systems capability that builds upon and diversifies the capabilities of Wood Group Mustang’s automation and control business, within which it will operate.

Ingenious provides consulting and engineering services to support software sales and non-software-related services such as process engineering, design and simulation, and process safety management.

It also has an office in Mumbai, India, that supports regional customers, executes international projects and assists in software development.

Michele McNichol, chief executive officer of Wood Group Mustang, said: “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.”

Wood Group said it will also be able to leverage Ingenious’s strength in the operator training simulator market to enhance its control system simulators, training tools and services.