April 12, 2004
PTC Acquires OHIO Design Automation For Electronics PLM
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PTC Acquires OHIO Design Automation For Electronics PLM
PTC announced its expanded strategy and offerings to the electronics industry through the acquisition of OHIO Design Automation Inc. (OHIO-DA), a developer of electronics design collaboration software. The all-cash transaction closed on April 7, 2004 and is valued at approximately $12 million, subject to the fulfillment of certain conditions. Major OHIO-DA customers include Cisco, EMC, Harris, Maxtor, Motorola, and Raytheon.
As part of the acquisition, PTC will retain all OHIO-DA employees. John Lane, President and CEO of OHIO-DA, will become a Senior Vice President for PTC and will report to James Heppelmann, PTC's Chief Product Officer.
OHIO-DA's flagship and patent-pending product is InterComm, for electronic design verification, visualization and collaboration product is used in over 400 companies throughout the world. InterComm gives engineers, manufacturers, and customers access to complex design data created in leading electronic design automation (EDA) tools, including those provided by Cadence Design Systems, Mentor Graphics, Zuken and other EDA vendors. Schematics and PCB's can be browsed, queried, and cross-probed without the need for an original CAE or PCB CAD license. Extensive electronics information queries and comment annotations can be performed by anyone with file access permission.
"This strategic acquisition furthers PTC's commitment to the high-tech and electronics industries by enabling us to help manufacturers address the growing challenges posed by the proliferation of electronic components within their products," said C. Richard Harrison, President and CEO of PTC. "Manufacturers are currently trying to juggle disparate mechanical and electronic design processes and systems while at the same time facing pressure to bring higher quality products to market faster. Our new combined offering will enable us to provide tremendous value to customers who want an integrated solution to help address these growing challenges."
PTC's acquisition of this open standard for EDA visualization and collaboration gives PTC a highly differentiated solution. The integration of InterComm with PTC's Windchill PLM solutions will allow companies to manage EDA design data across the enterprise, enabling concurrent design across an increasingly outsourced and geographically disparate design chain.
PTC currently serves nearly 3,000 high technology and electronics companies in multiple industries, including hardware, consumer electronics, peripherals, telecommunications equipment, semiconductors, government and military electronics, semiconductor equipment, and automotive and industrial electronics. PTC's Windchill PLM customers in these segments include EMC, Harris, HP, Iomega, LG Electronics, NEC, Novellus, Samsung, Seiko Epson, and Unisys.
as part of a complete product definition environment is a strong step forward and represents a significant event for companies in all industries."
"OHIO-DA's deep expertise and industry-leading technology will enable PTC to deliver breakthrough product lifecycle management solutions for the electronics industry," said James Heppelmann. "It is very important to us and to our customers that we preserve OHIO-DA's open, neutral approach to all major EDA software vendors. Furthermore, we intend to continue to make the technology available to other PLM partners."
OHIO-DA's products will be immediately available for sale by PTC. In addition, PTC plans to provide InterComm as an integral module of PTC's Windchill PLM solutions.
such a good fit with Windchill that I'm pretty sure that the company will put forth a lot of effort to ensure that it dovetails well into Windchill.
Microsoft Joins Automotive Industry Action Group
Microsoft Corp. has joined the Automotive Industry Action Group (AIAG), the global auto industry's largest trade organization. Microsoft joins automotive manufacturers and product part suppliers, as well as other technology solution providers that cooperatively pursue initiatives through AIAG to benefit the automotive industry.
"We are delighted that Microsoft has joined AIAG as a sponsoring member," said Andrew J. Cummins, executive director of AIAG. "Microsoft's contributions to projects in areas such as business process automation, collaboration and electronic commerce will help AIAG and its members reduce costs and complexity within the automotive supply chain."
Microsoft currently participates in AIAG's Inventory Visibility & Interoperability (IV&I) Project. The goal of IV&I is to automate and speed the flow of goods throughout the auto industry by setting standards to facilitate vendor-managed inventory. The standard processes will help reduce costs and complexity of dealing with the numerous software systems currently used to manage inventory.
AIAG believes that the IV&I project will save $255 million alone each year in vendor-managed inventory practice throughout the automotive supply chain. The IV&I project is now in its proof-of-concept phase and uses the National Institute of Standards (NIST) test bed.
automotive supply chain."
supply chain and to improve speed-to-market, product quality, employee health-and-safety, and the environment.
UGS PLM Solutions Leads In PLM And cPDm Revenue
UGS PLM Solutions, the product lifecycle management (PLM) subsidiary of EDS , announced it has been recognized as the revenue leader in PLM and collaborative Product Definition management (cPDm) by leading industry research firm CIMdata in a new comprehensive study of the PLM market.
CIMdata defines PLM as a strategic business approach that applies a consistent set of business solutions in support of the collaborative creation, management, dissemination and use of product definition information across the extended enterprise from concept to end of life -- integrating people, processes, business systems and information. PLM forms the product information backbone for a company and its extended enterprise. cPDm is focused on collaboration, management and sharing of product-related information.
The CIMdata study ranks PLM companies that it considers to be market leaders. CIMdata ranks UGS PLM Solutions as the overall leader in PLM revenue among suppliers with broad-based capabilities that support a full product lifecycle-focused solution. In addition to being named the leader in PLM, CIMdata ranks UGS PLM Solutions as the leader in cPDm, both in terms of revenue and market presence, with direct revenues more than double the closest competitor.
"UGS PLM Solutions' fifth straight year as the overall leader in this study validates our efforts to provide best-in-class customer value by delivering a broad range of leading PLM software and services solutions, on an open platform, to enable enterprises to reduce time to market by transforming their process of innovation throughout the entire product lifecycle," said Tony Affuso, president and CEO of UGS PLM Solutions.
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-- Jeff Rowe, MCADCafe.com Contributing Editor.
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