Siemens to acquire Kineo CAM

Summary

October 8, 2012 - Siemens acquires Kineo CAM, headquartered in Toulouse, France, a leading provider of computer-aided motion software. Already today Kineo CAM’s solutions are proven components of Siemens PLM software products, maximizing customer productivity in various industries by optimizing motion, collision avoidance and path planning.

Through the acquisition Siemens will be able to further enhance the computer-aided motion capabilities of its software and strengthen Siemens’ ability to grow market share. The newly acquired company has over 200 customers worldwide and after closing will be assigned to the PLM Software Business Unit.