Thursday, December 18, 2014

Siemens acquires software firm Camstar – The Financial

The software division of Siemens acquired US-based Camstar to strengthen its presence in manufacturing systems in key industries and adds big data analysis product performance.

In a statement, the German company said that the purchase complements the strategy of Industrial scanning Siemens , to expand its integrated development products and solutions for production automation for industries such as electronics, semiconductors and those of medical devices.

“The acquisition of equipment and products Camstar represents the final step in the approach Siemens to provide leading comprehensive functionality and deep industry expertise needed to support customers digital businesses, “said Chuck Grindstaff, president and CEO of Siemens PLM Software .

The portfolio of Camstar includes analysis of next-generation, high performance to achieve a better understanding of global operations and processes. This cloud-based capacity-edge technology leverages big data over operations and global supply chain of the company.

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