Accelrys Inc. acquired ChemSW, Inc., an environmental health and safety compliance solutions provider, to enhance its scientific innovation lifecycle management strategy, Accelrys announced Sept. 3.
Accelrys acquired the company for approximately $15.3 million.
ChemSW provides an EH&S compliance portfolio that eliminates the inconsistencies and errors associated with the disconnected paper-based methods of chemical inventory management often used today.
With the acquisition of ChemSW, Accelrys offers customers an automated inventory system for tracking and tracing chemicals including: monitoring and tracking location and quantity specifics; monitoring usage; generating reports and quickly assessing hazard information during an emergency. The offering is available both on premises and via the cloud.
Combined with Accelrys’ solution portfolio, ChemSW’s EH&S compliance software also enables Accelrys to help support the sustainability initiatives of customers in almost every industry. Specifically, the solutions address three key areas critical to meeting the complete business sustainability challenge: improving operational efficiency, delivering innovation and meeting compliance requirements.
Accelrys will retain the entire ChemSW management team and employees as part of the transaction.
For more information, visit www.accelrys.com.