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Invensys

Invensys Limited was a multinational engineering and information technology company headquartered in London, United Kingdom. At its height, the company had offices in more than 50 countries and its products were sold in around 180 countries. Invensys was formed in 1999 through the merger of BTR plc and Siebe plc. It was originally founded on 1 April 1920 as Siebe Gorman & Company Ltd and continued through various name changes registered at Companies House from that date. Invensys lines of business were grouped into four segments: Software, Industrial Automation, Energy Controls and Appliance. Its brands included Avantis, Eurotherm, Foxboro, IMServ, InFusion, Triconex, SimSci, Skelta, Wonderware, Drayton, Eberle, and Eliwell. Less than three years after its establishment, Invensys was in financial hardship, in part due to having overpaid for acquisitions such as the Baan Corporation at the height of the dotcom bubble and having accumulated a heavy debt burden. Through several divestments and a major restructuring, the company's fiscal situation had improved by 2005, allowing the pace of acquisitions to pick up. Considerable business was being obtained by its various products in the railway sector, which it opted to align under the Invensys Rail brand. Invensys Rail was ultimately sold to the German engineering conglomerate Siemens in exchange for £1.7 billion in May 2013.…

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Article summary

Invensys Limited was a multinational engineering and information technology company headquartered in London, United Kingdom. At its height, the company had offices in more than 50 countries and its products were sold in around 180 countries. Invensys was formed in 1999 through the merger of BTR plc and Siebe plc. It was originally founded on 1 April 1920 as Siebe Gorman & Company Ltd and continued through various name changes registered at Companies House from that date. Invensys lines of business were grouped into four segments: Software, Industrial Automation, Energy Controls and Appliance. Its brands included Avantis, Eurotherm, Foxboro, IMServ, InFusion, Triconex, SimSci, Skelta, Wonderware, Drayton, Eberle, and Eliwell. Less than three years after its establishment, Invensys was in financial hardship, in part due to having overpaid for acquisitions such as the Baan Corporation at the height of the dotcom bubble and having accumulated a heavy debt burden. Through several divestments and a major restructuring, the company's fiscal situation had improved by 2005, allowing the pace of acquisitions to pick up. Considerable business was being obtained by its various products in the railway sector, which it opted to align under the Invensys Rail brand. Invensys Rail was ultimately sold to the German engineering conglomerate Siemens in exchange for £1.7 billion in May 2013.…

Key claims

  1. date of formation: 1999 — source: Wikipedia · confidence 0.95
  2. date of formation: 1999 — source: Wikipedia · confidence 0.95
  3. date of foundation: 1920-04-01 — source: Wikipedia · confidence 0.95

Discussion questions

  1. Summarise the article in your own words. Which single claim would you verify first, and why?
  2. The record states that the date of formation is "1999". What evidence would count against this claim?
  3. The record states that the date of formation is "1999". What evidence would count against this claim?
  4. The record states that the date of foundation is "1920-04-01". What evidence would count against this claim?
  5. Which claim in this article is most likely to be revised as the sources update? How would you check its current status?
  6. If two sources disagreed about one of these facts, what would you need in order to trust one over the other?

Bibliography

  1. Wikipedia https://en.wikipedia.org/w/index.php?oldid=1373265678

Key claims and bibliography are generated from the same tracked claims and sources as the article page.