Eyelit Acquires Innovative Multi-Tenant Cloud Based MES/MOM Leader MESTEC
MESTEC, a Bracknell, UK based manufacturing Software as a Service (SaaS) vendor has been acquired by Eyelit, a leader in Manufacturing Execution (MES), Quality Management (QMS), and Factory Automation solutions. The partnership of the two customer-centric solution providers will enable Eyelit to provide manufacturing software solutions to a broad set of industries.
MESTEC's advanced cloud-based technology and low-code-no-code implementation allows for Go-lives in less than a month accelerating time to value. This solution is crucial in the complex manufacturing and assembly environment, where planning, labor productivity, and production efficiency are significantly important in enhancing throughout and reducing unnecessary spend. Furthermore, the solution complements Eyelit's strengths in Industrial Internet of Things (IIoT) and Factory Automation. With the combined solutions, the company can serve the entire gamut of discrete manufacturing.
"I'm delighted to add MESTEC to the group. The team has designed and brought an impressive SaaS based, multi-tenant solution in the cloud to the market. We are investing heavily in the MESTEC business with additional development, delivery, sales and marketing resources. Moreover, these investments will help MESTEC grow and expand in key industries such as CPG, Medical Devices, and Aerospace and Defense. Our focus for the business will be an expansion into the Americas and continued growth in the UK and EU," said, Jason Adams, CEO of Eyelit.
"We are excited to be part of Eyelit. They have the same customer-focused culture and take great pride in their people, making this acquisition a great fit," said, Mark Carleton, General Manager of MESTEC. "Along with the investment from Banneker, we will be able to execute on all of the innovative ideas we have to serve more manufacturers," said, Carleton.
"MESTEC is a proven SaaSprovider of MES and manufacturing planning solutions. There are very few high quality cloud-architected manufacturing solutions in the market. The combination of Eyelit and MESTEC has great potential to deliver high value to complex manufacturing companies looking to accelerate digital transformations," said, Julie Fraser, VP of Research for Operations and Manufacturing for independent research firm Tech-Clarity, Inc.
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