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  2. Siemens PLM acquires Camstar for CAM and management tools

Siemens PLM acquires Camstar for CAM and management tools

More leverage for working with big data in factory design and automation.

This month Siemens PLM announced a deal to buy Charlotte, North Carolina-based Camstar Systems, and the deal was closed within weeks. The terms of the deal were not announced because the money exchanged is way immaterial to Siemens, a $100-billion company.

 

Although companies in the CAM (computer aided manufacture) and MES (manufacturing execution systems) busi­ness are rapidly being snatched up, Sie­mens is credited with getting a good property in the 250-person Camstar. The company will remain in North Carolina and become part of the Sie­mens PLM division, which is no big stretch: Siemens PLM is highly decen­tralized already with headquarters in Plano, Texas, but executives are scat­tered along the East Coast, in Europe, and beyond.

 

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