Irvine, Calif. - American Industrial Systems, Inc. (AIS), a global leading supplier of Human Machine Interfaces (HMI), Industrial PCs and Industrial Automation (IA) Control and Monitoring Systems, announced today Ennoconn Corporation (6414.TW), a subsidiary of Foxconn Technology Group (2317.TW) in Taiwan, a global leader of industrial hardware systems and solutions provider to various vertical market applications, has acquired a 60 percent stake in AIS.
The combination of AIS's visualization and HMI technologies with Ennoconn's strength will establish a new global leader in Industrial IoT (IIoT) and Industry 4.0 markets under Ennoconn's guidance and management. Ennoconn collaborates with its own elite group of subsidiary companies under the corporate banner of the Foxconn IPC Business Group. The global strategic partnership now officially makes AIS a subsidiary of Ennoconn. Foxconn Technology group is widely known as the largest contract electronics manufacturer in the world.
The Internet of Things which includes the network of physical devices, vehicles, buildings, equipment and factories -- embedded with electronics, software, sensors, and network connectivity enables the collection and exchange of massive data sets, which has provided unprecedented opportunities for companies to harness this information to create new products, services and revenue sources. The total market for IoT solutions covers a massive scope of products, industries, applications and markets, requiring a collaboration and partnership by numerous different suppliers with various core competencies. Both AIS and Ennoconn have been migrating product roadmaps and portfolios to capture the burgeoning opportunities within IIoT and Industry 4.0 markets. The shared IIoT and Industry 4.0 strategy, vision and leadership led to a natural progression of discussions and the agreement to form the global partnership.
Nelson Tsay, AIS founder and CEO, says: "We have known Business Continuity (BC), Business Intelligence (BI) analysts and cost-efficiency have become essential demands for supporting IIoT platforms. With Ennoconn's investment, AIS will formally join the world's largest electronics manufacturing company Foxconn Technology Group. Foxconn is globally renowned for its superior manufacturing capabilities, cost-efficiency, and superior quality. It is anticipated that with the collaboration of this unparalleled IoT portfolio, AIS is poised to have a significant impact in the HMI and Industrial PC industry."
Steve Chu, Ennoconn CEO, adds: "The new investment is a key growth path in our long-term business development strategies, and follows a significant number of the other similar strategic investments made by Ennoconn Corporation in companies with Industry 4.0 and Industrial IoT (IIoT) as their core business focus. Under Ennoconn's management, the Foxconn IPC Technology Group along now with AIS, are positioned to become a dominant leader and provider of global, total IIoT and Industry 4.0 solutions."
Founded in 2005, AIS quickly established itself as a world class provider of open architecture HMI, Industrial Touch Panels and visualization solutions. As the first company to incorporate multi-touch touchscreen technologies in HMI systems, AIS secured its position as a leading edge, open platform HMI technology company in the key markets they serve. The company also procured partnerships and private label agreements with some of the largest industrial equipment OEMs, HMIs and SCADA software makers; and Aerospace, Military/Defense, Railway and Government agencies. Their keen insight on market trends, extensive range of HMI solutions and explosive growth positioned them as a prime partner for Ennoconn in their quest to provide a comprehensive solution set for IIoT and Industry 4.0 markets globally.
Headquartered in Irvine, California, USA, American Industrial Systems, Inc. (AIS), a subsidiary of Ennoconn Corporation (6416.TW), AIS offers in-house electronic and mechanical design, software development, manufacturing, production and quality control services. Offering one of the widest ranges of industrial computing solutions, AIS open platform control and monitoring solutions are available in a multitude of configurations for building automation, energy management, intelligent transportation systems, infrastructure management, industrial automation and manufacturing process control applications. The company's HMI solutions are key enabling technologies for the Industrial Internet of Things (IIoT) and Industry 4.0 applications. AIS is fully committed to empowering, improving and delivering turnkey HMI, control, monitoring and display solutions for OEM, ODM and end-user customers. AIS is an ISO 9001:2008 certified supplier and manufacturer of rugged computers and displays, and received completion of the International Traffic in Arms Regulations (ITAR) registration from the Directorate of Defense Trade Controls (DDTC). For more information, visit: www.aispro.com, email: email@example.com or contact: 1-888-485-6688.
Founded in 1999, Ennoconn Corporation, is a leading industrial hardware system solution provider to various vertical market applications (POS, Banking Automation, Kiosk, Lottery and Industrial Automation). With extensive professional knowledge, Ennoconn aims to deliver state-of-the-art technology with high quality and speed for keeping its customers ahead from competitors. In 2007, Foxconn Technology Group, the largest "Electronic Manufacturing Service" company in the world, became the majority shareholder of Ennoconn, forming a strong strategic alliance in embedded system and electronic manufacturing business. As an engineering service and project management driven company, Ennoconn focuses on application oriented design & manufacturing and OEM/ODM computer-related products, committing to be the best total solution provider in this field. Unique design requirements are welcome and realized to strengthen the market competiveness of its valuable customers. With proven records in projects and experiences, Ennoconn has been recognized as an innovative pioneer in various embedded applications.