Siemens announces the acquisition of COMSA Computer und Software GmbH

 Siemens announces the acquisition of COMSA Computer und Software GmbH 

  Siemens announces the acquisition of COMSA Computer und Software GmbH

4. December 2018 - Siemens announced the acquisition of COMSA Computer und Software GmbH, a Munich-based company developing software for the design of electrical systems and wiring harness engineering. The LDorado Suite includes design and construction software for automotive designs in Germany that reflects local expertise and market presence with a product portfolio and a focus on standards. The COMSA team and its technology will be part of the Mentor business, part of Siemens PLM Software, where they will add Key Harness Engineering and Design Data Analytics products to the Siemens product line. The cable assembly market was $ 155 billion Dollar, with a market share of about 30% for automobiles. According to Cowen Research (October 19, 2018): "The wiring harness is today the third highest cost factor in a car (behind the engine and chassis). Wiring harnesses are built individually and can account for about 50 percent of the entire car's labor costs. The wiring harness is also the third largest component (behind the chassis and the engine). Any technology that reduces this weight contributes directly to fuel economy. "With this acquisition, Siemens plans to expand the delivery of technology offerings that address disruptions in the wire harness industry caused by megatrends such as autonomous driving and electric vehicles worldwide.

Siemens' capital software, which is part of the recently acquired Mentor Graphics portfolio, ranges from the development of electrical / electronic architecture, through the design and service of electrical systems, to the design and manufacture of wire harnesses. The addition of COMSA adds key technologies for the development and analysis of data analytics, strongly supporting new data standards, especially in Europe.

The transaction was completed on December 3, 2018. The terms of the transaction were not disclosed.

Siemens PLM Software, a division of Siemens Digital Factory, is a leading global provider of software solutions for the digital transformation of the industry, providing manufacturers with the power to innovate. Headquartered in Plano, Texas with over 140,000 customers worldwide, Siemens PLM Software works with businesses of all sizes.

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2018-12-04 21:29:38
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