Averna's Bold Move: Expanding Horizons in Asia and North America
August 3, 2024, 1:49 am
In a world where technology evolves at lightning speed, companies must adapt or risk being left behind. Averna, a prominent player in the test and quality solutions arena, has chosen the path of expansion. On August 1, 2024, Averna announced its acquisition of Global Equipment Services, Inc. (GES), a division of Kimball Electronics, Inc. This strategic move is not just a merger; it’s a leap into new territories, a bold stroke on the global chessboard of automation and testing.
Averna is no stranger to the game. Founded in 1999, the company has built a reputation for delivering innovative solutions across various industries, including aerospace, automotive, and medical devices. With this acquisition, Averna is set to amplify its presence in Asia and North America, establishing a robust network of offices in key locations such as Vietnam, China, India, Japan, and Silicon Valley.
The acquisition adds 600 new employees to Averna’s roster, swelling its workforce to 1,200 across 20 offices in 11 countries. This is not just about numbers; it’s about expertise. GES brings a wealth of knowledge in automation, test, and measurement solutions, particularly for consumer electronics, semiconductors, and medical devices. This synergy creates one of the largest independent system integrators in test automation.
The landscape of global manufacturing is shifting. Companies are no longer confined to one region. They are spreading their wings, seeking opportunities wherever they arise. Averna’s acquisition is a response to this trend. As customers expand their operations across continents, Averna is positioning itself as a reliable partner in this journey. The company recognizes that to serve its clients effectively, it must have a significant presence in diverse geographies.
The technical capabilities of GES are impressive. They specialize in optical metrology, defect detection, and image processing. Their expertise in micro-alignment of components enhances the quality of products across various markets. This acquisition allows Averna to offer a broader scope of automation and inspection equipment, from functional testing to cosmetic inspection. It’s a treasure trove of resources that will benefit clients and elevate Averna’s standing in the industry.
Averna’s President and CEO, François Rainville, emphasizes the importance of this acquisition. The integration of GES into Averna’s operations will not only enhance their service offerings but also expand their client base. With GES’s established relationships with Original Equipment Manufacturers (OEMs) and Contract Manufacturers (CMs), Averna is poised to tap into new markets and opportunities.
The acquisition also brings substantial physical assets. Averna is adding over 160,000 square feet of new manufacturing space, including state-of-the-art clean rooms. This expansion is crucial for meeting the demands of large-scale projects. It’s like adding a new wing to a hospital, equipped to handle complex surgeries. Averna is now better equipped to tackle customer challenges on a global scale.
The collaboration between Averna and GES is a marriage of strengths. GES has been involved in numerous large-scale projects, gaining invaluable experience. By joining forces with Averna, they can leverage their expertise in quality innovation and automation. This partnership is not just about merging resources; it’s about sharing knowledge and pushing the boundaries of what’s possible in test and measurement solutions.
In the fast-paced world of technology, staying ahead is paramount. Averna’s acquisition of GES is a strategic maneuver that solidifies its position as a leader in the industry. The company is not just reacting to market demands; it’s anticipating them. By expanding its footprint in Asia and North America, Averna is ensuring that it remains a key player in the global market.
As the dust settles on this acquisition, the implications are clear. Averna is ready to take on the challenges of a rapidly changing landscape. The company’s commitment to quality and innovation is unwavering. With a solid foundation in place, Averna is poised for growth, ready to meet the needs of its clients, wherever they may be.
In conclusion, Averna’s acquisition of Global Equipment Services, Inc. is more than a business deal; it’s a strategic leap into the future. The company is expanding its reach, enhancing its capabilities, and positioning itself as a leader in the test and quality solutions market. As technology continues to evolve, Averna is not just keeping pace; it’s setting the pace. The future looks bright, and Averna is ready to shine.
Averna is no stranger to the game. Founded in 1999, the company has built a reputation for delivering innovative solutions across various industries, including aerospace, automotive, and medical devices. With this acquisition, Averna is set to amplify its presence in Asia and North America, establishing a robust network of offices in key locations such as Vietnam, China, India, Japan, and Silicon Valley.
The acquisition adds 600 new employees to Averna’s roster, swelling its workforce to 1,200 across 20 offices in 11 countries. This is not just about numbers; it’s about expertise. GES brings a wealth of knowledge in automation, test, and measurement solutions, particularly for consumer electronics, semiconductors, and medical devices. This synergy creates one of the largest independent system integrators in test automation.
The landscape of global manufacturing is shifting. Companies are no longer confined to one region. They are spreading their wings, seeking opportunities wherever they arise. Averna’s acquisition is a response to this trend. As customers expand their operations across continents, Averna is positioning itself as a reliable partner in this journey. The company recognizes that to serve its clients effectively, it must have a significant presence in diverse geographies.
The technical capabilities of GES are impressive. They specialize in optical metrology, defect detection, and image processing. Their expertise in micro-alignment of components enhances the quality of products across various markets. This acquisition allows Averna to offer a broader scope of automation and inspection equipment, from functional testing to cosmetic inspection. It’s a treasure trove of resources that will benefit clients and elevate Averna’s standing in the industry.
Averna’s President and CEO, François Rainville, emphasizes the importance of this acquisition. The integration of GES into Averna’s operations will not only enhance their service offerings but also expand their client base. With GES’s established relationships with Original Equipment Manufacturers (OEMs) and Contract Manufacturers (CMs), Averna is poised to tap into new markets and opportunities.
The acquisition also brings substantial physical assets. Averna is adding over 160,000 square feet of new manufacturing space, including state-of-the-art clean rooms. This expansion is crucial for meeting the demands of large-scale projects. It’s like adding a new wing to a hospital, equipped to handle complex surgeries. Averna is now better equipped to tackle customer challenges on a global scale.
The collaboration between Averna and GES is a marriage of strengths. GES has been involved in numerous large-scale projects, gaining invaluable experience. By joining forces with Averna, they can leverage their expertise in quality innovation and automation. This partnership is not just about merging resources; it’s about sharing knowledge and pushing the boundaries of what’s possible in test and measurement solutions.
In the fast-paced world of technology, staying ahead is paramount. Averna’s acquisition of GES is a strategic maneuver that solidifies its position as a leader in the industry. The company is not just reacting to market demands; it’s anticipating them. By expanding its footprint in Asia and North America, Averna is ensuring that it remains a key player in the global market.
As the dust settles on this acquisition, the implications are clear. Averna is ready to take on the challenges of a rapidly changing landscape. The company’s commitment to quality and innovation is unwavering. With a solid foundation in place, Averna is poised for growth, ready to meet the needs of its clients, wherever they may be.
In conclusion, Averna’s acquisition of Global Equipment Services, Inc. is more than a business deal; it’s a strategic leap into the future. The company is expanding its reach, enhancing its capabilities, and positioning itself as a leader in the test and quality solutions market. As technology continues to evolve, Averna is not just keeping pace; it’s setting the pace. The future looks bright, and Averna is ready to shine.