Waterjet manufacturer Jet Edge, Inc. of St. Michael, MN, has recently announced that it has acquired Calypso Waterjet Systems of Dallas, TX.
Founded in 1992, Calypso Waterjet Systems had been a world-leading manufacturer of waterjet cutting systems prior to its departure from the waterjet industry in early 2009. Calypso products include waterjet cutting machines, abrasive removal, closed loop water and automatic height sensing systems; nesting software; plastic waterjet cutting bricks; bulk abrasive feeder tanks; and replacement parts for waterjet intensifier pumps, cutting heads and waterjet tables.
Jet Edge President Jude Lague said he plans to reintroduce many of Calypso’s products under Calypso’s brand names. “Calypso waterjets provide an excellent entry-level waterjet solution for price-conscious buyers,” said Lague. “Through our acquisition of Calypso, we will be able to make precision waterjet cutting capabilities available to a much broader range of customers in the growing entry-level market.”
JET EDGE, INC. ACQUIRES CALPYSO WATERJET SYSTEMS . . .
November 1, 2009