AMETEK acquired Crank Software for part of approximately $270 million deployed across three acquisitions (Magnetrol, Crank Software, EGS), a transaction completed in March 2021.
Crank Software operates in EIG, is based in Ottawa, Canada. Headquartered in Ottawa, Canada, Crank Software is a leading provider of embedded graphical user interface (GUI) software and services. Its flagship Storyboard platform enables the design and development of customized user experiences in a wide range of embedded products.
An exciting acquisition and an excellent addition to AMETEK's growing portfolio of software solutions; the award-winning Storyboard platform and service capabilities are positioned well to capitalize on demand for embedded user interfaces.
Award-winning embedded GUI software platform expanding AMETEK's software capabilities. Expands AMETEK's growing portfolio of software solutions. Electronic Instruments Group (EIG)
Crank Software is an exciting acquisition for AMETEK and an excellent addition to our growing portfolio of software solutions. Their award-winning Storyboard platform and service capabilities are positioned well to capitalize on demand for embedded user interfaces.David A. Zapico, Chairman and CEO, AMETEK
Advisory firms were not disclosed for this transaction.