Industrial Scientific Corp. has completed the acquisition of Design Build Own Operate Inc. (DBO2), a leader in measuring human error in the workplace, for an undisclosed amount. Located in San Carlos, CA, DBO2 was founded in 2001 by Barry Nelson who will continue to serve as president and CEO. Prior to founding DBO2, Nelson held several senior leadership positions, including managing director, Energy and Environment for Europe, Middle East and Africa for Honeywell International.
DBO2's leading product, SafetyNet, is a safety inspection and analysis program that helps construction, mining, energy, insurance and other companies at high risk for catastrophic injury or loss to predict and prevent worker injuries while improving quality and productivity. The system serves as a "net of prevention" by identifying hazards and unsafe trends before they become accidents. Many of DBO2's customers have received industry recognition and national awards for demonstrating significant reduction in lost time accidents, worker’s compensation and insurance costs, saving millions of dollars in the process.
"We're so pleased to join Industrial Scientific’s worldwide team," said Barry Nelson. "We share a common vision that defining, tracking and acting on leading indicators will dramatically reduce accidents and injuries in the workplace."
Kent McElhattan, chairman and CEO of Industrial Scientific, said, "There's only one thing more important than processes and tools and that’s the people using them. DBO2 has created a system that successfully predicts human error, thus enabling corrective action before an accident occurs. We’re excited by the additional talent DBO2 brings to our team as we strive to eliminate injury and death on the job."
Industrial Scientific acquires DBO2
January 21, 2008