Breaking news: Today Siemens announced that Camstar Systems, Inc. has signed a definitive agreement to be acquired by Siemens AG to join the all-software Siemens Product Lifecycle Business Unit.
Read the press release below:
Siemens to Acquire Camstar, Extending Leadership in Industrial Digitalization
Acquisition to Expand Siemens’ Manufacturing Execution Systems Offerings; Delivers on Siemens’ Strategy for a Fully Integrated Digital Enterprise
Adds Manufacturing Execution Systems Leadership in Key Industries; Will Add Big Data Product Performance Analytics across Global Supply Chain
Siemens has entered into an agreement to acquire Camstar Systems, Inc., one of the proven market leaders in enterprise Manufacturing Execution Systems (MES) software. The acquisition will build on Siemens’ industrial digitalization strategy by broadening its integrated product development and production automation solutions for the electronics, semiconductor and medical device industries. Today’s announcement represents the latest step to help companies realize innovation with a truly integrated digital enterprise. Camstar’s best-in-class MES solutions will complement Siemens’ existing vertical industry offerings. Camstar will become part of Siemens’ product lifecycle management (PLM) business. The transaction is expected to close during the second half of November. Terms of the acquisition will not be disclosed.
Camstar’s enterprise MES portfolio delivers scalable, flexible, enterprise-wide solutions for centralized or distributed multi-site manufacturing environments. Today’s complex product development environment is driving strong demand for enterprise MES solutions among manufacturers in discrete industries. The Camstar portfolio includes next-generation, high-performance analytics to gain insight into the operations of complex and global processes. This cloud-based capability leverages state-of-the-art, big data technology across the operations and global supply chain of the enterprise.
Continue reading the full press release at