Siemens Acquires Kineo CAM

Siemens acquired Kineo CAM, a leading provider of computer-aided motion software. Kineo CAM’s solutions are proven components of Siemens PLM software products, maximizing customer productivity in various industries by optimizing motion, collision avoidance and path planning. Through the acquisition Siemens will be able to further enhance the computer-aided motion capabilities of its software and strengthen Siemens’ 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.

“By acquiring Kineo CAM we add another advanced technology to our PLM portfolio. This technology enables our customers to make better informed decisions about their products, and to devise manufacturing, maintenance and repair strategies”, says Chuck Grindstaff, CEO and president of Siemens' PLM Software Business Unit. “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 standardized 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.

“We are proud and enthusiastic to join the Siemens PLM organization which is a worldwide leader in the software component market”, says Laurent Maniscalco, CEO of Kineo CAM. “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. Enjoying excellent and long relationships with Siemens PLM teams, we are confident of a smooth and efficient integration process that will benefit our customers and our team.”

Kineo CAM is the independent software developer of the worldwide leading technology for automatic motion and path planning, KineoWorks™. Specialized in the development of advanced solutions, Kineo CAM provides business solutions to large companies and organizations in the United States, Europe and Japan. Its main market is Mechanical Computer-Aided Design, Manufacturing and Robotics. In these areas, the large range of solutions, from stand-alone to fully integrated software, enables users to save money, shorten development time and increase quality in Product Design (validation of mechanical mounting/dismounting) and Process (simulation of operations in cluttered 3D environments). Kineo CAM is the winner of the national contest of innovation from the Ministry of Research and Technology (2000), received the IEEE/IFR Innovation Award for Outstanding Achievements in Commercializing Innovative Robot and Automation technology (2005), winner of the 2007 Innovation ICT Prize from the European Commission and the European Council of Applied Sciences, Technologies & Engineering.

For more information, visit: www.kineocam.com or www.siemens.com/automation

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