Siemens to acquire TESIS PLMware, further enhancing its industry software portfolio

Dec. 20, 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.
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. The acquisition will further enhance 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.”
>>For more information, click here

Sponsored Recommendations

Understanding and Using E-Stops

E-stops, or emergency stop switches, are used to ensure machine as well as personnel safety. They are used to provide a consistent and predictable failsafe response on a wide ...

Demystifying motor disconnect switches: What are they and how are they used?

From conveyor belts to drum mixers, motors are used in virtually every industrial application to drive machinery. Equipment downtime is the main motivation behind monitoring and...

Full Line of DIN Rail Terminal Blocks Video

Altech offers an extensive line of DIN Rail Terminal Blocks including all major Connection Technologies available in the industry to meet requirements for a vast variety of applications...

The Value of Integrating DIN Rail Cylindrical Fuse Holders Into Your Designs

What short circuit currents do I have to consider when purchasing a DIN rail cylindrical fuse holder? That data is available from the manufacturer. For example, Altech cylindrical...