Siemens Acquires COMSA to Expand Automotive Electrical Systems Design Capabilities.
M2 EQUITYBITES-December 5, 2018-Siemens Acquires COMSA to Expand Automotive Electrical Systems Design Capabilities
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5 December 2018 - Germany based technology company Siemens has acquired Munich, Germany-based software developer COMSA Computer and Software GmbH to strengthen Siemens' expertise in key electrical and harness standards being developed by leading European OEMs and suppliers, the company said
The terms of the transaction were not disclosed.
COMSA's LDorado suite is a leader in automotive harness design and engineering software in Germany, reflecting deep local expertise and market presence with a well-established product portfolio and strong emphasis on standards.
The COMSA team and technology will join the Mentor business, part of Siemens PLM Software, where it will add key harness engineering and design data analytics capabilities to the Siemens product range.
Siemens said the acquisition of COMSA is part of Siemens' continued investment in technology for the automotive industry.
Siemens' Capital software, part of the portfolio of recently acquired Mentor Graphics, extends from electrical/electronic architecture development through electrical systems design and service into wire harness design and manufacture.
The addition of COMSA adds key harness engineering and design data analytics technologies, with strong support for new data standards emerging especially in Europe.
Texas, US-based Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a leading global provider of software solutions to drive the digital transformation of industry, creating new opportunities for manufacturers to realise innovation.
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years.
The company focusses on areas of electrification, automation and digitalisation.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Dec 5, 2018|
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