# GrayMatter merges with HTSE to expand industrial intelligence platform

GrayMatter announced a strategic merger with HTSE, Inc., a Michigan-based process automation and machine control provider. The merger combines GrayMatter's industrial intelligence solutions with HTSE's automation expertise.

- Type: Acquisition
- Announced: 2022-08-09
- Where: Michigan, United States
- Status: completed
- Products: industrial intelligence solutions, process automation, machine control
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hamilton Robinson Capital Partners](https://endata.com/companies/36473.md) (investor)
- [GrayMatter](https://endata.com/companies/52019.md) (acquirer)
- [HTSE](https://endata.com/companies/64649.md) (target)

## Sources

- [graymattersystems.com](https://graymattersystems.com/graymatter-strategic-merger-htse/), 2022-08-09: "Industrial companies have an urgent need to fill talent gaps, leverage advanced analytics and protect plants and remote assets from cyber attacks."
- [technical.ly](https://technical.ly/startups/graymatter-merger-htse-industrial-tech/), 2022-08-12: "We’re thrilled to add the strength of HTSE to GrayMatter’s Industrial Intelligence Platform."
- [hrco.com](https://hrco.com/news/2022/08/23/hamilton-robinson-capital-partners-expands-its-industrial-intelligence-platform-with-acquisition-of-htse-inc/), 2022-08-23: "We're thrilled to add the strength of HTSE to GrayMatter's Industrial Intelligence Platform."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.