Tag: plm
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PTC to acquire product lifecycle management provider Arena Solutions
Computer-aided design specialist PTC has signed a definitive agreement to acquire Arena Solutions, a software as a service (SaaS) product lifecycle management (PLM) platform provider. The acquisition will further PTC’s strategy to be the leader in the rapidly-growing market for SaaS-based product development software, enabling the company to deliver a complete CAD + PLM SaaS…
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Siemens opens beta testing for forthcoming launch of NX
Siemens has opened beta testing of its next update of NX, the engineering giant’s computer-aided design software. The NX application is part of Siemens product lifecycle management (PLM) software unit, and can also be used for computer-aided manufacturing and computer-aided engineering. NX – sort for Siemens Next Generation Design – includes design functions and simulation…
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HP and Siemens deepen additive manufacturing alliance
HP and Siemens have announced an expansion of their strategic alliance in industrial additive manufacturing (AM). The two companies will incorporate new systems and software innovations including overall product life-cycle management (PLM), AM factory optimisation and industrial 3D printing. The expanded additive manufacturing solution from Siemens and HP integrates hardware, software, data intelligence, and services…
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Siemens to buy Mendix for $700 million to ‘strengthen digital leadership’
Siemens has agreed to buy application developer Mendix for $697 million. The engineering giant says Mendix will continue as a distinct company and provide the “low-code” cloud software on which it has built its reputation. The closing of transaction is expected in the first quarter of fiscal year 2019.
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Team Penske forms technical partnership with Siemens
Engineering giant Siemens will support Team Penske’s Nascar, Indycar and Supercar programs in a partnership between the two companies. Team Penske will implement Siemens’ software for digital design and simulation. The new technical partnership between Team Penske and Siemens is a multi-year agreement.
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Siemens selects Blue Software for proofing and artwork annotation in its product lifecycle management software
Blue Software, a provider of design collaboration software, says its proofing and artwork annotation technology is now available as “advanced proofing” in the Siemens Teamcenter portfolio. Siemens claims its Teamcenter is the world’s most widely used digital lifecycle management software. Anyway, it’s part of Siemens’ product lifecycle management software business. A list of popular PLMs…
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Siemens buys Infolytica to further expand its product lifecycle management offering
Siemens has entered into an agreement to acquire Montreal, Canada-based Infolytica, expanding the company’s simulation suite into electromagnetics. Infolytica is said to be one of the original pioneers in the field of simulating low-frequency electromagnetics and its market-leading simulation software is used by manufacturers worldwide to predict electromagnetic and thermal performance. This accelerates the development…
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Stibo Systems launches new version of its Spire product lifecycle management software
Stibo Systems has launched the latest version of its product lifecycle management software. Stibo says its new SpirePLM 8.2 is a comprehensive PLM solution enabling organizations to reduce the time required to introduce new products to market, compete efficiently and meet market and consumer expectations. The company says it realised that new product introduction…
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Quest Global partners with Siemens to develop digital manufacturing solutions
Quest Global and Siemens have reached an agreement to build and deliver a suite of digital manufacturing solutions for customers across verticals. By adding the Siemens digital twin offerings, Quest – which likes to write its name as QuEST – says it can now showcase a complete range of connected manufacturing solutions. This will be…
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PTC’s product lifecycle management bookings double over last four quarters
PTC says bookings for its product lifecycle management software-as-a-service solution have doubled over the last four quarters. This expansion complements PTC’s new subscription model and aligns with the recent findings of a cloud PLM study conducted by CIMdata, an independent global strategic management consulting and research authority focused on the PLM market. According to CIMdata,…