December 4, 2018 - Siemens announced it has acquired COMSA Computer und Software GmbH, a Munich-based company which develops software for electrical systems design and wire harness engineering. Its LDorado suite is automotive harness design and engineering software in Germany, reflecting local expertise and market presence with a product portfolio and emphasis on standards. The COMSA team and technology will join the Mentor business, part of Siemens PLM Software, where it will add key harness engineering and design data analytics capabilities to the Siemens product range.
Bishop and Associates estimate that in 2017 the worldwide revenue for the cable assembly market was $155 billion with approximately 30% of the market from automotive. According to Cowen Research (Oct.19, 2018), “The wiring harness today is the third highest cost component in a car (behind the engine and chassis). Harnesses are built one at a time and can comprise about 50 percent of the cost of labor for the entire car. The wiring harness is also the third heaviest component (behind the chassis and engine).
Any technology that reduces this weight directly contributes to fuel economy.” Through this acquisition, Siemens plans to extend worldwide the delivery of technology offerings that address disruption in the automotive harness industry caused by megatrends such as autonomous driving and electric vehicles.
Siemens’ Capital software, part of the portfolio of recently acquired Mentor Graphics, extends from electrical/electronic architecture development through electrical systems design and service into wire harness design and manufacture. The addition of COMSA adds key harness engineering and design data analytics technologies, with strong support for new data standards emerging especially in Europe.
The transaction closed on Dec 3,2018. The terms of the transaction were not disclosed.
Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a leading global provider of software solutions to drive the digital transformation of industry, creating opportunities for manufacturers to realize innovation. With headquarters in Plano, Texas, and over 140,000 customers worldwide, Siemens PLM Software works with companies of all sizes.