Product category:
ATE Systems
News Release from: Teradyne
Edited by the Electronicstalk Editorial
Team on 21 October 2002
Tecnomatix acquires CIMBridge product
line
Tecnomatix Unicam is to acquire Teradyne's CIMBridge CAD/CAM optimisation software product line.
Tecnomatix Unicam is to acquire Teradyne's CIMBridge CAD/CAM optimisation software product line The CIMBridge acquisition expands the current alliance between Teradyne and Tecnomatix, which began in 1994
This article was originally published on Electronicstalk on 6 Apr 2001 at 8.00am (UK)
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The terms of the transaction were not disclosed.
Tecnomatix Unicam, a wholly owned subsidiary of Tecnomatix Technologies, will incorporate CIMBridge solutions into its industry-leading Manufacturing Process Management (MPM) product line, and has committed to provide the CIMBridge installed base with solutions that include the latest in software development, while guaranteeing a seamless migration path to its best-in-class assembly technology.
Tecnomatix Unicam will increase its market share and technology base through the addition of the CIMBridge intellectual property, installed customer base and R and D team.
"We looked at the assembly landscape and clearly understood the leadership position of Tecnomatix Unicam", said John Casey, President of Teradyne ATD.
"The acquisition of the CIMBridge product line by Tecnomatix allows both companies to continue to focus on core strengths as well as protect our mutual customers' investment in hardware and software.
The CIMBridge CAD/CAM optimisation products are a prefect match to Tecnomatix Unicam's core strengths, and eMPower applications, in electronics assembly".
"CIMBridge is an excellent addition to the Tecnomatix eMPower MPM solutions suite", said Israel Levy, CEO of Tecnomatix Unicam.
"With more than 1000 mutual customers, the CIMBridge acquisition is a natural progression for the Teradyne/Tecnomatix alliance, allowing both companies to focus on core strengths, as we continue our work together as leaders in the electronics manufacturing market".
Teradyne and Tecnomatix Unicam will begin implementing a transition plan that will enable Tecnomatix Unicam to assume full responsibility for CIMBridge's support channels.
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