Home » Siemens Snatches Another Software Company, Kineo CAM
Siemens Snatches Another Software Company, Kineo CAM
10/08/2012
The Siemens Industry Automation Division has added to its already lengthy list of software company acquisitions, making French company Kineo CAM its ninth such purchase in six years, further strengthening its position in the industrial software market.
Kineo CAM’s computer-aided motion software solutions are already components of Siemens PLM software products, optimizing motion, collision avoidance and path planning. Through the acquisition, Siemens will be able to further enhance the computer-aided motion capabilities of its software. At the close of the deal, Kineo CAM will be assigned to the PLM Software Business Unit at Siemens.
For 12 years, Kineo CAM has been developing software solutions for applications in various industries such as automotive, aerospace and shipbuilding by optimizing robotic movements and path planning for the assembly and disassembly of parts. For example, in the automotive industry, the software enables manufacturers to better plan how to install an item, such as a car seat or a dashboard, and how to disassemble it again for maintenance. In other use cases, the software modules help to optimize motion and path planning for robotic movements.
“By acquiring Kineo CAM, we add another advanced technology to our PLM portfolio,” said Chuck Grindstaff, CEO and president of Siemens’ PLM Software Business Unit. “Kineo CAM provides key components that are already leveraged in our core products, NX, Teamcenter and Tecnomatix. In addition, we will be gaining a team of world-class specialists into our Open Tools team. These experts will continue to partner with Siemens’ PLM product groups as well as other companies that have standardized on the technology.”
Kineo CAM software products are delivered as application software to end users and as software libraries to CAD and CAM software vendors and OEMs of advanced robotic systems. The two companies plan to continue with all the current Kineo CAM product lines.
“Being part of such a global organization, which operates in the same markets as we do today, will ensure a stronger proximity with our current customers and a larger audience for our software technology,” said Laurent Maniscalco, Kineo CAM’s CEO. “Enjoying excellent and long relationships with Siemens PLM teams, we are confident of a smooth and efficient integration process that will benefit our customers and our team.”
The other software companies that the Siemens Industry Automation Division has acquired since 2007 are UGS, Innotec, Elan Software Systems, Active Tecnologia em Sistemas de Automação, Vistagy, IBS, Perfect Costing Solutions and VRcontext International.
More News:
-
05/22/2013
Distech Controls Welcomes Shareholder Samsung Ventures
Financing Will Be Used to Accelerate Company Growth and Development Roadmap Worldwide
-
05/21/2013
Winners of AmeriStar 2013 Package Awards Competition
IoPP Announces Top Competitors in Package Innovation, Sustainability, Protection, Economics, Performance and Marketing
-
05/15/2013
Igus Wins Two Awards at iF Product Design Competition
Triflex R TRLF Cable Carrier Designed for Three-Axis Movement for Robotic Applications
-
05/15/2013
Engineering Graduates Make Top 10 Highest Starting Salaries List
NACE Reports Engineers Took Seven of the Top 10 Spots in April Survey
-
05/14/2013
Major Tool & Machine Purchases Large-Part Machining Systems From MAG
New U5 Machine Will Initially Replace Production Capacity During the Rebuild of Massive DSI Gantry Mill/Turn Machine
-
05/08/2013
ODVA Forms SIG for Machinery Information
Developing Standards for the Exchange of Information Between Machines, and Between Machines and Supervisory Systems
-
05/07/2013
Digital Manufacturing Market Poised for Global Growth
Frost & Sullivan Analysis Finds Market Earned Revenues of $704 Million in 2012 and Is Estimated to Reach $928 Million in 2016
-
05/06/2013
Strong Growth Forecast for Direct Drives
IMS Research/IHS Report Shows Global Market Is Predicted to Be Worth Nearly $300 Million in 2016
-
05/06/2013
How SEL Control System Reduces Power Outage Durations
DAC System Isolates a Faulted Circuit, Remotely Closed Breakers and Restored Power to Unfaulted Portions of a Network for Chattanooga's Electric Power Board
-
05/02/2013
Wind Generators Prove Bigger Is Always Better
IMS Research Report Shows Average Power Rating Expected to Rise to Nearly 2.4 Megawatts by 2017
- All news »
Sponsored Links
Control Design Digital Edition
Access the entire print issue on-line and be notified each month via e-mail when your new issue is ready for you. Subscribe today.
- Featured White Papers
Print page