GE Ventures and Silver Lake have invested $40 million into Aras, a provider of enterprise product lifecycle management software.
The investment round was led by Silver Lake Kraftwerk, a fund of Silver Lake, with participation from GE Ventures, the investment arm of General Electric.
Aras says it will use this minority investment to drive growth, expand operations – including Aras’ service and support – and further extend Aras’ technology leadership through development and acquisitions. Continue reading GE Ventures and Silver Lake invest $40 million into Aras product lifecycle management
Automotive components manufacturer Fuji Kiko has chosen the Aras product lifecycle management platform to streamline its design and development process as well as manage its global operation.
Aras, a PLM specialist, adds that Fuji Kiko will use the system to manage prototype development, production management, sales, and procurement processes.
The automotive supplier went through a comprehensive process to evaluate and select a PLM system with the flexibility and upgradeability necessary to support the pace of innovation by their global product teams. Continue reading Fuji Kiko selects Aras product lifecycle management platform