UndisclosedDivestiture / carve-outTechnology
Valmet to buy Tieto's manufacturing execution system business
Finland's Valmet will acquire Tieto's manufacturing execution system business, including TIPS MES for production planning and execution and an Order to Cash solution for the pulp, paper and fibre industry. Terms were not disclosed in the release.
Why it matters: It completes Valmet's Automation Solutions offering for the pulp and paper industries.
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