Monday, October 1, 2007

Energy Solutions Gains CriticalControl's PipeWorks

Energy Solutions International Inc., a publisher of oil-and-gas pipeline management software, announced Monday that it has acquired CriticalControl Solutions Corp.'s PipeWorks division. Terms of the transaction were not disclosed. PipeWorks, Energy Solutions explained, offers an integrated suite of batch-scheduling and leak-detection software. PipeWorks supports those titles with a group of pipeline hydraulics specialists, Energy Solutions added. CriticalControl is a Canadian technology firm that designs, implements and manages business-process solutions. Founded in 1976, Energy Solutions International is a privately held company headquartered in Houston. It is venture backed by Inverness Capital Partners LP.