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American Innovations Acquires Compliance Data Software Specialist TVC Solutions
Thursday 20 April 2017

20 April 2017 - US-based energy compliance solutions company American Innovations has acquired compliance data software provider TVC Solutions, the company said.

Terms of the deal were not disclosed.

TVC Solutions' software gathers, analyses and presents compliance data.

The firm's work with existing AI hardware and software solutions, allowing pipeline operators and surveyors to use mobile devices to align and spatialise disparate survey data, and create reports that help enhance safety.

American Innovations provides an integrated family of hardware, software and professional services to offer compliance solutions to oil and gas transmission pipeline companies. 

TVC Solutions was founded with the vision of creating a suite of integrated software applications that streamline and integrate pipeline data processes and provide accelerated access to this data for analysis and enhanced corrective action.

The company was formed in 2014 to license the first in a series of unique Software-as-a-Service products known as the Indirect Survey Application.
Details
Date Published: 20/04/2017
Target: TVC Solutions
Country: USA
Sector: Computer Software
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: American Innovations
Comment:
Terms of the deal were not disclosed

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