Plano, Texas—Oct. 17, 2014—Siemens entered into an agreement to acquire Camstar Systems, Inc., a provider of 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.
The announcement represents the latest step to help companies realize innovation with an integrated digital enterprise. Camstar’s 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, 2014. 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 high-performance analytics to gain insight into the operations of complex and global processes. This cloud-based capability leverages big data technology across the operations and global supply chain of the enterprise.
“The addition of the Camstar team and products represents the latest step in Siemens’ focus on delivering comprehensive functionality and the deep expertise needed to support our customers’ digital enterprises,” said Chuck Grindstaff, president and CEO of Siemens PLM Software. “The addition of Camstar’s solutions will further accelerate our integration of PLM with the manufacturing operations management (MOM) domain. In the integrated digital enterprise, we are enabling PLM, MOM and industrial automation to work together to help customers realize innovation in their products and processes throughout the value chain. Camstar’s unique value and industry-centric approach complements the Siemens strategy for the MOM domain, and will be a welcomed addition to our premier MES brand, SIMATIC IT.”