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Industry Summary Articles

Thursday, November 09, 2017

Accruent Acquires BlueCielo, Accelerates European Expansion

Accruent has acquired Amsterdam-based BlueCielo, a global advanced Asset Lifecycle Information Management (ALIM) provider.

BlueCielo’s Meridian solutions manage engineering information throughout asset lifecycles; connecting maintenance with engineering, supporting concurrent engineering for facility modifications, and improving data handover. More than 1,200 companies around the world depend upon BlueCielo Meridian solutions to ensure compliance, control costs, improve safety, protect their brand reputation and extend the lifespans of decades-old assets.

“BlueCielo increases Accruent’s depth and breadth by adding engineering information management to our portfolio of innovative physical resource management solutions,” said John Borgerding, CEO of Accruent. “This acquisition adds a complementary best-of-breed solution to our portfolio, and it establishes a new strategic growth platform with a strong geographic footprint in Europe, and expertise in additional industry sectors like pharmaceuticals, oil & gas and chemicals.”

The BlueCielo acquisition is the latest in a series of strategic acquisitions fueling Accruent’s growth. Successive acquisitions of strong, growth-oriented companies, with complementary products and global presence, has resulted in scale, world-class support and depth and breadth of solutions that is unrivalled. Recent acquisitions include Lucernex, a leading global provider of Integrated Workplace Management Systems (IWMS); and Verisae, a leading provider of cloud-based solutions that connect facilities and assets to the maintenance and service network through the Internet of Things (IoT).

“The BlueCielo team and I are excited to be joining Accruent,” said Willem-Jan Scholten, BlueCielo CEO. “Our customers will benefit from Accruent’s world-class support infrastructure and the advantages that Accruent’s scale brings to our operations, development, and cross-application innovation. We look forward to expanding our growth by introducing integrated engineering and asset information management, to improve asset and facility lifecycles, to thousands of additional loyal Accruent customers and new markets.”

“Accruent’s acquisition of BlueCielo will provide strategic benefits to both companies, as well as customers and prospects,” said Kevin Prouty, Vice President for IDC Energy Insights, a global provider of information technology market intelligence. “BlueCielo’s Meridian asset lifecycle information system adds the ability to manage all asset content and documentation into Accruent’s asset lifecycle management capabilities.”

The acquisition, effective immediately, includes the continuation of all existing BlueCielo product development, support, sales and channel resources. BlueCielo customers and business partners will be provided with a series of communications on relevant aspects of any changes, and will be invited to Accruent’s annual INSIGHTS conference, April 8-11, 2018 in Austin, Texas. BlueCielo partners and colleagues will learn more at BlueCielo’s annual Synergy conference, January 15-18, 2018 in Lisbon, Portugal.

To view the original press release, please click here.

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