Siemens has acquired Kineo CAM which is headquartered in Toulouse, France. Kineo CAM is a provider of computer-aided motion software.
Kineo CAM's solutions are currently components of Siemens PLM software products, enhancing customer productivity in various industries by optimising motion, collision avoidance and path planning.
Through this acquisition Siemens aims to enhance the computer-aided motion capabilities of its software and strengthen its' ability to grow market share.
The newly acquired company has over 200 customers worldwide and after closing will be assigned to the PLM Software Business Unit.
For twelve years, Kineo CAM has been developing software solutions for applications in various industries such as automotive, aerospace and shipbuilding by optimising robotic movements and path planning for the assembly and disassembly of parts.
For example, in the automotive industry, by using Kineo CAM software modules, a car manufacturer can 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 from Kineo CAM help to optimise motion and path planning for robotic movements.
"By acquiring Kineo CAM we add another advanced technology to our PLM portfolio," says Chuck Grindstaff, CEO and president of Siemens' PLM Software Business Unit..
"This technology enables our customers to make better informed decisions about their products, and to devise manufacturing, maintenance and repair strategies,"
"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 standardised 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," says Laurent Maniscalco, CEO of Kineo CAM.
The Siemens Industry Automation Division has now acquired a number of software companies namely: UGS (USA, 2007), Innotec (Germany, 2008), Elan Software Systems (France, 2009), Active Tecnologia em Sistemas de Automação (Brazil, 2011), Vistagy (USA, 2011), IBS AG (Germany, 2012), Perfect Costing Solutions GmbH (Germany, 2012) and VRcontext International S.A. (Belgium, 2012).