Houston, TX – Caterpillar Oil & Gas is pleased to announce it has completed the acquisition of M2M Data Corporation (M2M). Headquartered near Denver, Colorado, M2M offers turnkey hosted solutions enabling customers to monitor their assets, perform remote diagnostics and streamline maintenance and dispatch to achieve operational excellence. In addition to serving gas compression, M2M has expanded into adjacent Oil & Gas markets over their seventeen year history.
“This acquisition will expand our existing suite of Cat® Connect offerings across the Cat Connect Digital Services Technology Platform,” said Craig Lange, director of strategy & growth businesses for Caterpillar Oil & Gas. “Ultimately, combining M2M’s and Caterpillar’s capabilities will strengthen our relationships with our customers enabling us to deliver high-level operational support solutions.”
The platform M2M has developed over the years allows for quick integration of new customers. “M2M offers a full suite of hardware, firmware, software and services to provide a high level of customization needed to address our customer’s business challenges,” said Trevor Harper, VP, chief technology & operating officer at M2M. “We are pleased to be joining the Caterpillar family and look forward to our people, products and services joining Caterpillar and the global Cat® Dealer Network.”
M2M was started to provide an alternative to traditional SCADA systems in the energy market by providing a turnkey end to end solution. Unlike the traditional software and radio based SCADA systems at that time, M2M offered a web and satellite based solution which enabled small to mid-size businesses an affordable alternative that could be installed on a machine by machine basis. M2M has had a major focus in the natural gas compression area of the energy market. Over the last 17 years, M2M has made significant investments in developing a comprehensive, tiered solution for remote monitoring, central analysis and business intelligence.
ABOUT CATERPILLAR OIL & GAS
Caterpillar Oil & Gas, Caterpillar Inc.’s oil and gas division with headquarters in Houston, Texas, consolidates all the sales and service activities for Cat oil and gas power solutions. Since the 1930s, Caterpillar has manufactured engines for the oilfield and today provides premier power solutions with outputs from 31 to 16,000 kW. The sales and service network includes more than 2,100 dealer locations world-wide dedicated to support customers in the drilling, production, well service and gas compression segments. More information is available at: www.cat.com/oilandgas.
For nearly 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2015 sales and revenues of $47.5 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments - Resource Industries, Construction Industries and Energy & Transportation - and also provides financing and related services through its Financial Products segment. For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/social-media.
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