Zuken Completes Vitech Corporation Acquisition.
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Release date- 15082019 - Systems Engineering Company Brings Model-Based Design Expertise.
Zuken Inc (6947:TYO) a leader in electrical and electronic design automation solutions, today announced the completion of the Vitech Corporation acquisition which had approval of the United States Department of Defense and the Committee on Foreign Investment in the United States (CFIUS). Vitech is a global solutions company based in Blacksburg, VA, United States with more than 25 years of industry experience in systems engineering methodology offering products and services directed at the Model-Based Systems Engineering (MBSE) market. The acquisition expands Zuken's solution portfolio to include systems engineering, an area of increasing importance to product development companies.
The acquisition of Vitech advances Zuken's strategy to become a leader in digital engineering solutions.
Chief Operating Officer at Zuken, Inc.
'The acquisition of Vitech advances Zuken's strategy to become a leader in digital engineering solutions,' said Jinya Katsube, Chief Operating Officer at Zuken, Inc. 'Zuken is now uniquely positioned with solutions in both systems engineering and detailed design to take a leadership role in the development of electrical and electronic model-based design practices from product definition to manufacturing.'
As product complexity continues to increase, companies are adopting MBSE tools and processes to better define product requirements, structure, and behavior. Vitech Corporation's GENESYS product is used to develop MBSE models that incorporate the key components for building a complex system involving people, processes, data, and documentation. Companies, particularly in the aerospace, transportation, and military segments are adopting MBSE tools and practices to address product complexity and safety concerns.
Zuken has demonstrated the commitment and technology to build a new class of unique solutions to serve the needs of today's engineering community.
Founder and President of Vitech Corporation
'Zuken has demonstrated the commitment and technology to build a new class of unique solutions to serve the needs of today's engineering community,' said David Long, Founder and President of Vitech Corporation. 'We at Vitech look forward to being part of the Zuken family and to playing a key role in their digital engineering strategy.'
Zuken is a global provider of electrical, electronic and data management design solutions to a range of industries that includes automotive, transportation, aerospace, and consumer electronics. Zuken's global brands include CR-8000, a native 3D multi-board/IC packaging design platform and E3.series, an industry leading wire harness design solution. The acquisition of Vitech complements and expands Zuken's electronic design automation software portfolio with the addition of system engineering expertise and related products.
For more information see www.zuken.com and www.vitechcorp.com
About Vitech Corporation
For more than 25 years, Vitech Corporation has delivered innovative, industry-leading solutions, which provide the tools and insight required to define, develop, and manage complex systems for government agencies, private and public companies, and universities across the globe. Vitech's software and services solutions are built upon a solid foundation of proven systems engineering. Vitech's CORE and GENESYS software gives you the insight to significantly enhance program productivity, reduce risks and lower costs, and improve project results. www.vitechcorp.com
Zuken is a global provider of leading-edge software and consulting services for electrical and electronic design and manufacturing. Founded in 1976, Zuken has the longest track record of technological innovation and financial stability in the electronic design automation (EDA) software industry. The company's extensive experience, technological expertise and agility, combine to create world-class software solutions. Zuken's transparent working practices and integrity in all aspects of business produce long-lasting and successful customer partnerships that make Zuken a reliable long-term business partner.
www.zuken.com, blog.zuken.com, or www.linkedin.com/company/zuken
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((Distributed via M2 Communications - http://www.m2.com))
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|Date:||Aug 15, 2019|
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