Siemens PLM Software Acquires Lightwork Design

siemensSiemens PLM Software, a business of Siemens AG, the global conglomerate focusing on electrification, automation and digitalization, is to acquire Lightwork Design, a Sheffield, United Kingdom-based computer software and technology licensing company specializing in 3D rendering software development and virtual reality (VR) experience generation.

The amount of the deal was not disclosed.

Led by David Forrester, CEO, Lightwork Design provides photo realistic rendering and collaborative virtual reality design review software. With its addition, Siemens PLM Software will provide customers with enhanced 3D data visualization, high-end rendering and VR capabilities via its suite of 3D product lifecycle management (PLM) applications.

The acquisition also expands Siemens’ “open business” strategy with a commitment to continue to provide software toolkits for 3D data pre-processing for visualization, rendering and virtual reality.

The offerings of Lightwork Design will be combined with Siemens‘ existing PLM Components business, which includes Parasolid® software, D-Cubed™ software and Kineo™ software, where more than 240 companies integrate Siemens PLM Software technology into 350 commercial applications for the benefit of six million end-users.
The acquired company’s capabilities are already embedded into NX™ software, Siemens’ 3D design application, and will also be added to other offerings across the Siemens portfolio.
This adds critical visualization information to the virtual product, from the initial product design and product engineering, to simulation and test and through design visualization. Using more realistic imagery, simulations and VR environments can allow customers to identify and address potential product problems early in the lifecycle, saving both time and cost.

Siemens PLM Software, a Plano, Texas-based business unit of the Siemens Digital Factory Division, is a global provider of software solutions to drive the digital transformation of industry, creating new opportunities for manufacturers to realize innovation.
The company has over 140,000 customers worldwide.

FinSMEs

03/10/2018

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