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Items filtered by date: November 2024 - CIMdata
Symetri, part of the Design Management division, announces that it has acquired the part of TPM Inc, in USA, whose offering is based on software from Autodesk and Bluebeam. The acquired business has six employees and is expected to generate approximately SEK 28 million in net sales in 2025. TPM is based in Greenville, South Carolina, USA, and offers a wide range of digital solutions for manufacturing, design automation, graphic design, and CRM. The part of TPM now acquired by Symetri provides solutions based on Autodesk and Bluebeam software, with most of its customers in the AEC sector but also with a significant portion of customers within the manufacturing industry. "This acquisition strengthens our market position in the U. S., particularly in the southeastern region. Our new colleagues share our values, and we look forward to working with them to maintain and grow existing and new customer relationships," says Jens Kollserud, CEO of
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Bechtle AG has acquired the Spanish IT service provider Grupo Solutia Tecnologia S.L, headquartered in Seville with additional offices in Madrid and Murcia. Founded in 2005, Grupo Solutia is well established in the public sector and enjoys an excellent reputation in the Spanish market. The company generated nearly 100 million euros in revenue in the past financial year and currently employs 637 people across Spain with a broad and diversified IT services team. With this acquisition, Bechtle is increasing its team in Spain fivefold and significantly expanding its capabilities in workplace solutions, software development, and IT services. Over the past 20 years, Grupo Solutia has grown into a specialist in IT services for public-sector clients, focusing particularly on healthcare and education. Bechtle and Grupo Solutia have a long-standing history of successful collaboration on various customer projects. The Bechtle Group companies in Spain—Bechtle direct, iDoo and Prosol—and the new acquisition complement each other perfectly in terms
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CLO Virtual Fashion, a global leader in 3D garment design and visualization technologies, is thrilled to announce its acquisition of swatchbook, an innovative digital materials solutions provider based in California. This major move positions CLO as the largest digital fabric database company in the world, enhancing the fabric content and design experience for all users within CLO’s comprehensive ecosystem of products and services. Since establishing a technical partnership in 2017, CLO and swatchbook have shared a commitment to revolutionize the fashion industry through seamless digitization experiences for brands and suppliers. With the largest digital library of fabrics and materials in the industry, swatchbook has developed intuitive and smart applications that redefine material sourcing and management. Their solutions have transformed the way brands collaborate with their supply chains, enabling design and visualization with real-time analytics—accessible anytime, anywhere, on any device. swatchbook currently serves a diverse clientele across North America, Europe, and Asia,
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Hexagon AB has announced the sale of certain non-core business assets within its Safety, Infrastructure & Geospatial (SIG) division. These divestments will allow Hexagon’s SIG division to focus on its core software portfolio, particularly its fast-growing public safety business, ahead of the potential separation of Octave. Most of the purchase is by Bart & Associates (B&A), which has acquired several business assets out of Hexagon US Federal, including IT services supporting the US Federal market, geospatial data production services, and the supply of ruggedized hardware for enabling cyber assurance and situational awareness. In addition, Hexagon has exited a smaller reseller business of APIs and related services designed to solve challenges in mapping and geospatial positioning. Most of the products sold in these businesses are not sold elsewhere across Hexagon. In 2024, the divested businesses contributed around 90 MUSD in revenues in total, with a level of profitability in line with similar services
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Siemens AG announced that it has completed the acquisition of Dotmatics, a leading provider of Life Sciences R&D software headquartered in Boston and portfolio company of global software investor Insight Partners, for an enterprise value of $5.1 billion. With the transaction now completed, Dotmatics will form part of Siemens’ Digital Industries Software business, marking a significant expansion of Siemens’ industry-leading Product Lifecycle Management (PLM) portfolio into the rapidly growing and complementary Life Sciences market. The acquisition of Dotmatics strengthens Siemens’ position as a global leader in AI-powered PLM software and enables Siemens to scale its technologies into Life Sciences to fully address growth opportunities in this market. Dotmatics’ Scientific Intelligence Platform, Luma, and its industry-leading scientific applications enable AI-powered multi-modal drug development, seamless collaboration, and contextualized data creating a connected digital thread across the research-to-production value chain. “With Dotmatics, we’re building a new era of innovation in Life Sciences. From research through
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Vasi Philomin has been appointed Executive Vice President and Head of Data & Artificial Intelligence, effective July 1, 2025. In this role, he will further accelerate the development and growth of Siemens’ comprehensive AI portfolio to create additional customer value. Siemens is rapidly scaling and expanding its AI-powered offerings, which currently includes 35 applications – among them, the award-winning Industrial Copilot. Under Philomin’s leadership, the company will also drive the development of an industrial foundational model that delivers industrial-grade AI for customers – designed to be safe, secure, reliable, and trustworthy. He will report directly to Peter Koerte, Member of the Managing Board, Chief Technology Officer and Chief Strategy Officer, Siemens AG. Philomin joins Siemens from Amazon, where he most recently served as Vice President of Generative AI, leading Amazon Web Services' (AWS) AI product strategy. At Amazon, he was instrumental in building Amazon Bedrock and overseeing the development of foundation models.
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Aurigo Software, the leading provider of capital planning and construction management software for infrastructure and private owners, announced the appointment of Brad Kramer and Mark Nicholson as senior account executives for its North American sales division. As part of Aurigo’s growth strategy, Brad and Mark will focus on expanding the company’s footprint by leading enterprise SaaS sales efforts for Aurigo Masterworks, its cloud-based, AI-powered flagship platform. “Brad and Mark bring a wealth of experience and leadership to our team,” said Kevin Koenig, Chief Revenue Officer at Aurigo Software. “Their additions reflect Aurigo’s continued investment in scaling our field presence, deepening regional relations, and delivering meaningful outcomes for our customers.” Brad Kramer is a sales leader with over two decades of experience in the Architecture, Engineering, Construction, and Operations (AECO) sector. Having worked with customers across the entire project lifecycle, from designers and engineers to contractors and owner-operators, Brad brings a deep understanding
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Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. is proud to announce a global distribution agreement with Egnyte, a leader in secure content collaboration, intelligence, and governance. This partnership enables Climb to deliver Egnyte’s cloud-native platform to partners and their customers across the United States, reinforcing Climb’s commitment to expanding access to transformative technologies worldwide. By adding Egnyte to our global portfolio, we’re equipping our resellers with a trusted, scalable platform that fits seamlessly into both SMB and enterprise environments. This partnership underscores our mission to deliver partner-first technologies that move with the speed of modern business.  “We are thrilled to announce Egnyte’s partnership with Climb Channel Solutions as we continue to invest deeply in the partner community,” said Bob Gagnon, Senior Vice President of Global Channel Sales at Egnyte. “Egnyte is committed to delivering high-quality, innovative solutions, and we are uniquely positioned
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Emerson, an industrial technology leader delivering advanced automation solutions, released its 2024 Sustainability Report, which reflects progress on the Company's ongoing efforts to advance innovation, enhance operational excellence and create lasting value for stakeholders. In line with Emerson's portfolio transformation into an industrial technology leader, the Company delivered progress in its sustainability initiatives in 2024. Key achievements included a 30% reduction in energy intensity from the 2021 base year, a sustained Total Recordable Injury Rate of 0.30 – comparable to industry safety leaders – and the engagement of over 41,000 employees in regulatory compliance training. Emerson's 2024 Sustainability Report can be read here. To view the original press release, please click here. Search for Emerson on CIMdata.com
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Siemens Digital Industries Software announced the winners of its second annual Techcellence Awards. Launched in 2024 and continuing at Realize LIVE Europe 2025 in Amsterdam, Siemens’ Techcellence Awards brings recognition to companies and individuals that are empowering change through transformation and sustainability, as well as individuals who are leading through innovation and acting as a champion for digital technology and sharing their knowledge with the Siemens community. Winners are awarded VIP attendance passes for Realize LIVE 2026, which will take place in June 2026 in Amsterdam. “Every day, our customers are writing the future of industry through groundbreaking digital innovations. The Siemens' Techcellence Awards shine a spotlight on these pioneers who aren't just embracing transformation – they're leading it," said Robert Jones, Chief Revenue Officer, Siemens Digital Industries Software. “From sustainable solutions to revolutionary applications of the Siemens Xcelerator portfolio, these visionaries are building a powerful community that extends far beyond Europe. They're
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