WSI Announces Acquisition of Enterprise Electronics Corporation
Purchase of leading Doppler radar company enhances WSI’s capabilities to provide advanced solutions for disruptive weather conditions
ANDOVER, MA, July 24, 2007 - WSI Corporation, the leading weather information provider to business and government, today announced the acquisition of Enterprise Electronics Corporation (EEC), the world’s leading weather radar manufacturer. The two companies have been teaming to deliver advanced radar services to the US media market since January of this year.
“We’re excited to welcome EEC customers to WSI,” said Mark Gildersleeve, President of WSI. “This acquisition expands the range of products and services we can offer our clients. Customers worldwide are demanding best-in-class solutions for detecting, forecasting and visualizing disruptive weather and we are poised to meet this need. EEC radar systems are the best in the world, and will become the cornerstone to this mission. There couldn’t be a better strategic fit for our company.”
“This venture is exactly the right step for EEC,” President and Chief Executive Officer William E. Collins said. “WSI is a strategic buyer interested in making EEC the best it can be. We are thrilled to be joining forces with a company of this pedigree that shares the same commitment to delivering high-quality weather information products. We look forward to leveraging WSI’s considerable meteorological research, software, and display capabilities in order to bring a broader array of WSI services to our clients around the world.”
“Through this venture,” Gildersleeve continued, “employees from both companies will join together in the common goal to help governments and businesses around the world protect property and save lives from the impact of severe weather.”
About EEC
Enterprise Electronics Corporation (EEC) is recognized as the world leader in the meteorological radar field. Since its inception in 1971, the company has designed, manufactured and installed more than 850 radar systems worldwide. EEC developed the world’s first commercial Doppler weather radar system in 1981. The corporation’s range of radar systems is the product of years of experience, superior engineering and a quality control process second to none. EEC’s 53,000 square foot facility is located in Enterprise, Alabama. More information about EEC can be found at www.eecradar.com.
About WSI
WSI Corporation is the world's leading provider of weather-driven business solutions serving over 5,500 clients in 45 countries in the media, aviation, energy, risk, and government sectors. For more than 25 years, WSI has focused on predicting, detecting and visualizing disruptive weather – and helping clients take action to minimize the impact of such weather on their operations and the public. WSI is headquartered in Andover, Massachusetts with offices in Birmingham, England, and is a wholly owned subsidiary of Landmark Communications. More information
about WSI can be found at www.wsi.com.
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