Siemens Makes Acquisition Enhancing Industry Software Portfolio
12/19/2013 - Siemens has entered into an agreement to acquire TESIS PLMware, a recognized leader in the integration of product lifecycle management (PLM) software with other enterprise applications, further enhancing Siemens' industry software portfolio.
TESIS PLMware helps customers improve IT costs and efficiency by providing a proven solution for the integration of Siemens' Teamcenter® software with the world's leading ERP systems and other enterprise applications such as MES, CRM and SCM. TESIS PLMware will, after closing, be assigned to Siemens PLM Software, a business unit of the Siemens Industry Automation Division. The agreement includes the acquisition of Munich based TESIS PLMware GmbH and its US business. Terms of the acquisition will not be disclosed.
Enterprise software integration, particularly PLM/ERP interoperability, is critical to achieving the seamless and efficient flow of information exchange companies require to keep costs in control and remain competitive. With the acquisition of TESIS PLMware, an important partner of Siemens PLM Software since 1992, Siemens is helping ensure that its customers will continue to seamlessly assimilate the Teamcenter PLM portfolio into their global product development and manufacturing environments.
"Siemens is committed to delivering best in class solutions that help our customers, and the next generation of manufacturers, efficiently bring innovative products to market," said Chuck Grindstaff, president and CEO, Siemens PLM Software. "With the acquisition of TESIS PLMware, Siemens is further expanding its portfolio of industry software. With stable and proven interfaces to the world's leading ERP systems, our PLM solutions are completely integrated into the enterprise software architecture of our customers. This makes them faster, more efficient, more flexible and more cost effective. Today's announcement is another important execution step in our strategy of focused acquisitions in the area of industry software."
TESIS PLMware, a member of the TESIS group, was founded in 1988 as a consultancy and software company that helps medium and large manufacturing companies worldwide create integrated PLM landscapes and highly efficient product development processes.
Enterprise software integration, particularly PLM/ERP interoperability, is critical to achieving the seamless and efficient flow of information exchange companies require to keep costs in control and remain competitive. With the acquisition of TESIS PLMware, an important partner of Siemens PLM Software since 1992, Siemens is helping ensure that its customers will continue to seamlessly assimilate the Teamcenter PLM portfolio into their global product development and manufacturing environments.
"Siemens is committed to delivering best in class solutions that help our customers, and the next generation of manufacturers, efficiently bring innovative products to market," said Chuck Grindstaff, president and CEO, Siemens PLM Software. "With the acquisition of TESIS PLMware, Siemens is further expanding its portfolio of industry software. With stable and proven interfaces to the world's leading ERP systems, our PLM solutions are completely integrated into the enterprise software architecture of our customers. This makes them faster, more efficient, more flexible and more cost effective. Today's announcement is another important execution step in our strategy of focused acquisitions in the area of industry software."
TESIS PLMware, a member of the TESIS group, was founded in 1988 as a consultancy and software company that helps medium and large manufacturing companies worldwide create integrated PLM landscapes and highly efficient product development processes.
