INTEG Consolidates Ownership in Preparation for Growth
INTEG, an innovator in the automation controls industry and developer of the JNIOR, completed the sale of all outstanding company shares to the current CTO.
GIBSONIA, PA, USA, June 1, 2018 /EINPresswire.com/ -- INTEG Process Group, Inc., an innovator in the automation controls industry, announced today that it has completed the sale of all outstanding shares of the company to one current owner. Bruce S. Cloutier, a long-time co-owner and Chief Technology Officer of the company, has acquired all of the shares of the company including those from the three other co-owners who were the co-founders of INTEG. The company will keep the same successful team and will be adding staff that will achieve the desired strategic growth. Terms of the deal, handled by Cohen & Grigsby, were confidential.Founded in 1999, INTEG later received an investment from Innovation Works that was beneficial to their early product development and penetration into their first market segment, the theater industry. The company has ever since played a key role in the digital cinema transformation. The JNIOR (pronounced “junior”) automation controller is currently used by over a third of the movie theaters in the world. Between the cinema market and other industries using the JNIOR, INTEG has shipped products in volume to over 400 customers in over 50 countries.
According to Rick Shulkosky, INTEG’s President, “INTEG has created a highly successful and extremely flexible automation controller that has dominated the digital cinema market. With Bruce’s deep technical knowledge of the product and financial backing, we are looking forward to moving into additional markets.”
According to Bruce Cloutier, INTEG’s CTO and now sole owner, “developing the fourth generation of the JNIOR over the past several years has allowed me to leverage techniques and technology that I have learned during my career. The JNIOR implements a number of unique features for a controller its size including the ability to handle secure connections. The product works ‘as-is’ right out of the box, but also has the ability to have custom software applications easily added by the user to focus its use. I am looking forward to driving INTEG’s growth and introducing the JNIOR to the broader IoT market.”
For more information on INTEG and its products, please visit our website:
http://www.integpg.com
INTEG Process Group is an innovator in the automation controls industry. Located in Gibsonia, Pennsylvania, INTEG designs and manufactures hardware automation controllers and develops application-specific software for the digital cinema, industrial manufacturing and data acquisition industries. All INTEG products are designed and manufactured in the United States of America. INTEG is an Innovation Works Portfolio Company having received an investment from them in 2005 that was subsequently paid back in full with interest.
INTEG is exhibiting at InfoComm 2018, booth C3930, in Las Vegas June 6 – 8, 2018
Rick Shulkosky
INTEG Process Group, Inc.
724-933-9350 x20
email us here
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
![](https://www.einpresswire.com/tracking/article.gif?t=2&a=fy2pi7ShtaZb-xAw&i=g4v8tVAGpRV6Elvf)