ST. MICHAEL, Minn. C A familiar name in the waterjet market C Calypso C will appear again soon, but under new ownership.

Waterjet manufacturer Jet Edge Inc. of St. Michael, Minn., announced today that it planned to reintroduce Calypso-brand products after acquiring Dallas-based Calypso Waterjet Systems of Dallas, Texas.

 

Founded in 1992, Calypso built a large installed base of waterjet cutting systems worldwide before closing its doors earlier this year. JetEdge purchased the intellectual assets of Calypso as part of the sale/auction of the former companys property on Sept. 30 in Hutchins, Texas.

Jet Edge President Jude Lague said he plans to reintroduce many of Calypsos products under Calypsos brand names.

Calypso waterjets provide an excellent entry-level waterjet solution for price-conscious buyers, Lague noted.  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.

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.