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Electroglas, Inc. acquired Statware, Inc., in 2001. Originally founded in 1983, Statware is the leading developer of process optimization software technologies for manufacturing industries. Statware provides products that assist users in understanding and managing processes and their outcomes for optimal quality, consumer satisfaction, and cost containment. In 1997, Statware transformed its vision for developing process optimization software applications by focusing on Internet technologies. Building on a decade of development in statistical quality control, Statware has created a new model for empowering the enterprise through its Web-based applications for total and continuous quality improvement.