Micropsi Industries Transitions to U.S.-Based Company, Expands Global Footprint

Strategic Insights -

Micropsi Industries, a leading developer of AI-based solutions for the manufacturing sector, has announced its transition to a U.S.-based company headquartered in San Francisco, California. This strategic shift positions the company to better serve its North American customers and support the region's rapidly growing manufacturing sector. Effective immediately, the German entity has become a subsidiary, while the U.S.-based company, Micropsi Industries, Inc., has taken the reins of the global operations. The company is also expanding its presence in the Boston, Massachusetts area and has appointed seasoned B2B software leader Gary Jackson as CEO in December 2023. With its new leadership and expanded footprint, Micropsi Industries is poised to accelerate its growth and innovation in the global manufacturing sector.

Key Takeaways:

  • Micropsi Industries, a German company, has transitioned to a U.S.-based company headquartered in San Francisco, California, as part of its growth strategy.
  • The company has appointed Gary Jackson as CEO in December 2023, bringing decades of executive leadership experience to drive global growth and expansion.
  • Chris Hughes, Chief Financial Officer, joined the company in April 2024, bringing strong financial expertise to support its growth plans.
  • Scott Foote, Chief Information Security Officer, joined in April 2024, bringing over 30 years of experience in information security.
  • Jessica Yen, Vice President of Customer Success, joined in July 2024, bringing experience in building and managing international customer success teams.
  • Jerald Ray, Managing Director APAC, joined in June 2024, bringing an extensive technology and international business background.
  • The company has established a new location in the Boston, Massachusetts area to further expand its presence.
  • The German entity has become a subsidiary, continuing to focus on research and development, product innovation, and European market operations.
  • The U.S.-based company has taken the reins of the global operations, enabling Micropsi Industries to be closer to its customers and partners.

Statistics:

  • Over 30 years of experience in information security, held by Scott Foote, Chief Information Security Officer.
  • Over 20 years of experience in finance, held by Chris Hughes, Chief Financial Officer.
  • More than 25 years of experience in technology and international business, held by Jerald Ray, Managing Director APAC.
  • Three new locations established by Micropsi Industries: San Francisco, California; Boston, Massachusetts; and Tokyo, Japan (Asia Pacific).
  • The company has appointed new leadership in December 2023, April 2024, July 2024, and June 2024.
  • The German entity has become a subsidiary, with continued focus on research and development, product innovation, and European market operations.

Sources:

  • Micropsi Industries press release, announcing the transition to a U.S.-based company, headquartered in San Francisco, California.
  • Interview with Gary Jackson, CEO of Micropsi Industries, as published in the company's press release.
  • Biographies of Chris Hughes, Scott Foote, Jessica Yen, and Jerald Ray, as published on the company's website.