Siemens Acquires Network Planning Specialist PTI
Siemens Power Transmission & Distribution (PT&D) announced that is has acquired the business activities of Shaw Power Technologies Inc. (USA) & Shaw Power Technologies International Limited (UK), commonly known as PTI.
PTI is the global leader in network planning software and engineering studies. The company's PSS/E (Power System Simulator for Engineering) software is widely used by power network experts in many regions, especially English speaking countries and China. PTI is headquartered in Schenectady, New York, and has over 80 network planning specialists located in the United States and UK as well as key partners in high growth regions such as Malaysia and China.
The acquisition represents an important extension of the Siemens PT&D service portfolio in the U.S. market where PTI's software has been selected by many leading utilities and used by many reliability councils and regulatory agencies. "PTI complements Siemens' existing service business by enabling us to now offer a complete portfolio of both transmission & distribution network planning" said Dave Pacyna, President & CEO of Siemens Power Transmission & Distribution, Inc. "Recent events such as blackouts have increased the pressure to improve reliability. Network design and consulting is an essential part of determining where investments will be made," he concluded.
In business for 34 years, PTI has amassed a significant installed base of its network planning software in both utility and industrial applications. With this acquisition and its SINCAL (Siemens Network Calculation) product suite, Siemens can offer a complete range of modular software suites and consulting expertise to simulate, analyze and interactively optimize network reliability and performance. By leveraging the strength of both the Siemens and PTI brands, Siemens will supply proven solutions for transmission and distribution networks for utility and industry customers in countries following either ANSI or IEC standards.
"We plan to build on PTI's recognized expertise and support their established customer base by providing innovative solutions to today's network reliability challenges, independent of the installed equipment. PTI & Siemens will continue to set the standard for quality network planning," said Dr. Bernd Buchholz, Head of Network Planning at Siemens PTD (AG) & CIGRE Committee Member.
The Siemens PT&D Service Division provides support for the entire asset lifecycle of transmission & distribution networks including planning, training, project management, maintenance and upgrade.
About Siemens Power Transmission & Distribution (USA)
Siemens Power Transmission & Distribution, Inc., headquartered in Raleigh, NC, creates innovative product, system and service solutions for its customers – electric utilities, transmission organizations, Independent System Operators, and large energy consumers. It is a leading supplier of high and medium voltage power delivery equipment and energy management and information systems for regulated and deregulated generation, transmission, and distribution markets. The company's products and systems are used to increase power system capacity and improve the reliability, stability and flexibility of power delivery and network control systems. It has operations in Wendell, NC; Jackson, MS; Minneapolis, MN; San Jose, CA; Schenectady, NY and Atlanta, GA. For more information visit us at: www.usa.siemens.com/energy.
About Siemens
Siemens AG (NYSE:SI) is one of the largest global electronics and engineering companies with reported worldwide sales of $91.3 billion in fiscal 2004. Founded more than 150 years ago, the company is a leader in the areas of Automation and Control, Information and Communications, Lighting, Medical, Power and Transportation. With its U.S. corporate headquarters in New York City, Siemens in the USA has sales of $16.6 billion and employs 70,000 people throughout all 50 states and Puerto Rico. Eleven of Siemens' worldwide businesses are based in the United States. With its global headquarters in Munich, Siemens AG and its subsidiaries employ 430,000 people in 192 countries. For more information on Siemens in the United States: www.usa.siemens.com
Source: Siemens Power Transmission & Distribution