Siemens is to acquire TESIS PLMware, a recognised leader in the integration of product lifecycle management (PLM) software with other enterprise applications. The acquisition will further enhance Siemens' industry software portfolio.
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| Chuck Grindstaff, president & CEO, Siemens PLM Software |
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.
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