Rolls-Royce today announced the merger of two wholly owned subsidiaries, Aero Engine Controls (AEC) and Optimized Systems and Solutions (OSyS), to form a new business, Controls and Data Services (CDS), which will continue to operate as part of the Rolls-Royce Group. The new business will bring together equipment sensors, controls and monitoring systems with performance analysis and health management services, delivering greater asset intelligence at a faster pace. Colin Smith, Rolls-Royce, Director of Engineering and Technology, said: "Being world leaders in controls and data analysis is key in supporting Rolls-Royce's promise of better power for a changing world. Harry Holt, President of Controls and Data Services, said: "It is my great privilege to be leading this new business.