MUNICH, Germany, May 18, 2021 – Siemens has signed an agreement to acquire Supplyframe, a leading Design-to-Source platform for the global electronics value chain, for USD 0.7 billion. The transaction unlocks significant value for customers of Supplyframe and Siemens, providing seamless and quick access to both Siemens’ offerings and Supplyframe’s marketplace intelligence. This will help customers to reduce costs, increase agility and make highly informed decisions. The acquisition also strengthens the Siemens portfolio through Software as a Service (SaaS) – not only in the field of Electronic Design Automation (EDA) and Printed Circuit Boards (PCB), but also scaling into other domains and technology fields.

“We are very pleased to welcome Supplyframe’s highly innovative and talented team to the Siemens family. Supplyframe will be the nucleus to accelerate our overall digital marketplace strategy,” said Cedrik Neike, member of the Managing Board of Siemens AG. “Supplyframe’s ecosystem and marketplace intelligence complements our industrial software portfolio perfectly and strengthens our capabilities for the growing market of small- and mid-size customers.”

“Eighteen years ago, we set out on a journey to intelligently connect the extended electronics value chain. It took both a dedicated team and a visionary customer base to gradually turn our vision into reality. This process has been further accelerated by the recent component shortage environment, which has exposed the fragility of supply chains and created a mandate for digital transformation and intelligent decision making. I am thrilled to join forces with Siemens to scale our innovation and drive broader adoption of our DSI solutions globally.  This is an amazing outcome for our customers, partners and employees,” said Steve Flagg, CEO and founder of Supplyframe.

Supplyframe has created a strong Design-to-Source Intelligence (DSI) ecosystem with over 10 million engineering and supply chain professionals worldwide, transforming how businesses design, source, market and sell products in the global electronics value chain.

Supplyframe has created a strong Design-to-Source Intelligence (DSI) ecosystem with over 10 million engineering and supply chain professionals worldwide, transforming how businesses design, source, market and sell products in the global electronics value chain. Supplyframe’s SaaS offerings have been growing with ca. 40% p.a. over the last years, a rate that is expected to continue mid-term.

Siemens will realize significant synergies between Supplyframe’s capabilities and its own portfolio with an expected USD mid-triple digit net present value. EPS accretive pre-ppa in second year after closing. Steve Flagg will continue as CEO of the company and join the Siemens Digital Industries Software senior leadership team.

Founded in 2003, Supplyframe is headquartered in Pasadena, California with offices in the USA, China, France, Serbia and the UK. The expected revenue of Supplyframe for the fiscal year 2021 is around $70 million with profit margins typical for the software business.

Closing of the transaction is subject to customary conditions and is expected in the fourth quarter of fiscal year 2021.

About Siemens Digital Industries Software

Siemens Digital Industries Software is driving transformation to enable a digital enterprise where engineering, manufacturing and electronics design meet tomorrow. The Xcelerator portfolio helps companies of all sizes create and leverage digital twins that provide organizations with new insights, opportunities and levels of automation to drive innovation. For more information on Siemens Digital Industries Software products and services, visit www.sw.siemens.com or follow us on LinkedIn, Twitter, Facebook and Instagram. Siemens Digital Industries Software – Where today meets tomorrow.

About Siemens Digital Industries 

Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating with partners and customers, DI drives the digital transformation in the process and discrete industries. With its Digital Enterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services to integrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI’s unique portfolio supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolio to integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg, Germany, and has around 76,000 employees internationally.

About Siemens AG

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. Active around the world, the company focuses on intelligent infrastructure for buildings and distributed energy systems and on automation and digitalization in the process and manufacturing industries. Siemens brings together the digital and physical worlds to benefit customers and society. Through Mobility, a leading supplier of intelligent mobility solutions for rail and road transport, Siemens is helping to shape the world market for passenger and freight services. Via its majority stake in the publicly listed company Siemens Healthineers, Siemens is also a world-leading supplier of medical technology and digital health services. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power that has been listed on the stock exchange since September 28, 2020. In fiscal 2020, which ended on September 30, 2020, the Siemens Group generated revenue of €57.1 billion and net income of €4.2 billion. As of September 30, 2020, the company had around 293,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

MUNICH, Germany, May 14, 2021 – As part of the German Federal Ministry of Transport and Digital Infrastructure initiative for more attractive railway stations, ALLPLAN has published an updated project template for the application of the BIM methodology in Deutsche Bahn projects. It is now also available to users of Allplan 2021, who can thus carry out their design projects in accordance with the group’s BIM specifications and achieve a high level of data quality.

ALLPLAN’s new project template for BIM-based platform design includes numerous objects that support the workflow of design, model creation, evaluation, documentation and data transfer.

“Construction projects for major clients such as Deutsche Bahn demand strict adherence to specifications from the commissioned planners. Digital project templates make it possible to meet these specifications and gain more time for the actual task of construction. Thanks to the latest project template, our customers are able to improve their design quality and fulfil the specifications of Deutsche Bahn in the best possible way,” says Robert Bäck, Head of Consulting at ALLPLAN.

The advantages are also confirmed by the users: “We have been designing platforms with Allplan for many years. We are really excited about the new project template, as it makes data exchange easier and helps us to deliver the models in compliance with the BIM specifications of Deutsche Bahn,” says Melissa Köhler, technical employee at FUCHS Engineering Office for Traffic Construction in Chemnitz, Germany.

Project template contains intelligent objects

About a year ago, ALLPLAN, the Munich-based provider of BIM solutions, together with DB Station & Service AG, had already transferred the content required for the platform design of small and medium-sized transport stations into a comprehensive project template. It complies with the specifications and requirements of Deutsche Bahn with regard to the data and models to be supplied during the design process. The template contains components and equipment in the form of intelligent objects that have all the necessary parameters and information:

1. Catalogue of components in the form of assistants and library objects
2. Adapted level of detail and floor plan representation
3. References to relevant rule drawings
4. Attribute favorites for the individual objects and installation types
5. Evaluation with customized lists, reports and labeling images
6. Compilation and derivation of planning documents
7. IFC exchange profile for correct attribute assignment and transfer during export

Guide and webinar on the template project

The project template is continuously expanded and updated. In addition, a guide is available that explains the functionality as well as parameters and properties of the individual objects. In a recorded webinar, BIM expert Anke Niedermaier explains how the installation works, describes the basic concept, the workflow, how the individual components work and the different forms of evaluation, derivation and data transfer.

About ALLPLAN

ALLPLAN is a global developer of open solutions for Building Information Modeling (BIM). For more than 50 years ALLPLAN has pioneered the digitalization of the construction industry. Always focused on the clients we provide innovative tools to design, construct and manage projects – inspiring users to realize their visions. ALLPLAN solutions are being used by over 240,000 architects, engineers, contractors and facilities managers in 20 languages. Headquartered in Munich, Germany, ALLPLAN is part of the Nemetschek Group. Around the world, over 400 dedicated employees continue to write the ALLPLAN success story. For more information, visit www.allplan.com.

About Nemetschek Group

The Nemetschek Group is a pioneer for the digital transformation in the AEC industry. With its software solutions, it covers the complete life cycle of building and infrastructure projects and guides its customers into the future of digitalization. As one of the world’s leading corporate groups in this field, the Nemetschek Group increases quality in the construction process and improves the digital workflow of all those involved in the construction process. This revolves around the use of open standards (Open BIM). The innovative solutions of the 16 brands in the four customer-oriented divisions are used by approximately six million users worldwide. Founded by Prof. Georg Nemetschek in 1963, the Nemetschek Group today employs more than 3,000 experts.

Publicly listed since 1999 and quoted on the MDAX and TecDAX, the company achieved revenue in the amount of EUR 556.9 million and an EBITDA of EUR 165.7 million in 2019. For more information, visit https://www.nemetschek.com.

SAINT ROMAIN, France, May 14, 2021 – Spirax Sarco creates solutions that set the benchmark for organizations using steam in their manufacturing processes. This world leader in high-quality products for the control and efficient use of steam is active in a number of industries, including oil and gas, chemicals, food and drink, healthcare, pharmaceuticals and OEM.

The CAD models for the Spirax Sarco products published on the TraceParts.com platform enable the manufacturers using its steam solutions to lower their emissions and water use, increase productivity and reliability, and improve and reduce their TCO.

Spirax Sarco’s decision to adopt the TraceParts solution reflects its determination to fulfil the demand from its customers for access to 3D data and metadata (product name, part number, description, dimensions and technical specifications) in an effort to simplify the process of selecting products prior to purchase.

“We were looking to improve on our in-house solution and TraceParts met all of our requirements and more; that is what prompted us to publish the CAD models of our products on TraceParts and use the TraceParts EasyLink Solutions to provide 3D views and CAD files on our site.

Using TraceParts we have been able to add a “request quote” capability for forwarding price requests straight to our sales companies and users are able to download CAD formats that were previously not available as standard, saving time for all concerned. TraceParts offers undeniable advantages from a business and technical point of view.” explains Richard Fear, Engineering Applications Manager at Spirax Sarco.

About TraceParts

TraceParts is one of the world’s leading CAD-content platforms for Engineering, Industrial Equipment and Machine Design, totaling 4.2 million registered members from 1.2 million companies actively sourcing product information and technical data from over 195 different countries.

As part of the Trace Group founded in 1990, TraceParts brings highly targeted marketing exposure to more than 800 customers of all sizes and from all industries, via powerful cloud-based API and SaaS applications such as CAD part libraries, product catalogs and configurators.

TraceParts’ comprehensive Digital Marketing Services help part manufacturers and distributors, 3D printing & rapid-prototyping suppliers, CAD/CAM/CAE/ECAD software and computer hardware vendors promote their products and services and generate highly qualified sales leads.

Available free-of-charge to millions of Engineers & Designers worldwide, the TraceParts CAD-content platform provides access to over 1,100 supplier-certified product catalogs and billions of 2D drawings & 3D CAD models and product datasheets that perfectly match the digitalization needs of Design, Purchasing, Manufacturing and Maintenance processes & operations, in virtually any industrial sector. For more information, visit https://www.traceparts.com.

CAMPBELL, CA, USA, May 14, 2021 – VELO3D Inc., a leader in additive manufacturing (AM) for high-value metal parts, announced that ADDMAN Engineering (ADDMAN), one of North America‘s premier providers of advanced AM solutions, has selected VELO3D to meet growing demand from energy and aerospace customers.

With an AI-powered full-stack solution including integrated Flow design software and Assure quality assurance, VELO3D allows for simplification of parts, previously impossible geometries, and shorter print times, without the constraints that come with traditional manufacturing or other AM providers.

“The full-stack laser powder bed fusion 3D printing solution from VELO3D gives our customers the freedom they need to design the next generation of spacecraft and turbomachinery without compromising their designs for the sake of manufacturability,” said Mark Saberton, CTO and founder, ADDMAN. “The VELO3D process saves time and avoids waste by removing unnecessary steps, and reduces time to test or go to market, while also ensuring production-ready quality in every build.”

In addition to owning and operating the first VELO3D metal AM solution in the Indianapolis area, ADDMAN holds two reservations for the highly anticipated VELO3D Sapphire XC large format metal AM solution. Each Sapphire XC system will provide up to four times the productivity of ADDMAN’s new Sapphire system, positioning the company to keep up with increasing demand for complex, high-performance parts spurred by the booming commercial space industry.

“We have a vision and are looking toward the future not just for our company, but for the entire aerospace industry, where demand for intricate, high-value parts is growing fast,” said Saberton. “While the Sapphire system brought net-new capabilities to ADDMAN, we’re excited about the Sapphire XC’s because they open up a new category of parts, while making impressive increases to capacity and efficiency.”

ADDMAN delivers large capacity 3D metal printing for aerospace, defense, energy and manufacturing. The company is ITAR registered and compliant with ISO9001:2015 and AS9100D, meeting FAA, DoD and NASA quality requirements for aviation, defense and space organizations.

ADDMAN closed on the purchase of 3rd Dimension Industrial 3D Printing in March 2021. In a little over a month since the acquisition, additional highly skilled staff have been hired to support the growing relationships with existing aerospace clients. Additional machining, quality, and capacity expansions are also being realized. Already AS9100 certified, the quality department is being bolstered through the addition of a Creaform EXAscan Black and a high end CMM. Planning for NADCAP accreditation is also in progress.

With the Indianapolis facility focused on production, the Bonita Springs HQ and Innovation Center offers clients a wide variety of composites and polymer options. With multiple Titan FDM machines, large format FDM parts can be produced for end use tooling. A fleet of SLA and FDM machines keep lead times to a minimum and value-add high.

Also in March, VELO3D announced plans to merge with JAWS Spitfire Acquisition Corporation (NYSE: SPFR) and become a public company. Earlier this year, VELO3D was named to Fast Company’s 2021 list of the world’s most innovative companies, among the top ranked in the manufacturing category for its profound impact on the 3D printing industry.

To learn more about how VELO3D empowers engineers and designers to imagine more, and additively manufacture nearly anything, follow VELO3D on LinkedIn or visit velo3d.com.

About ADDMAN Engineering

ADDMAN Engineering is an Additive Manufacturing (“AM”) solution provider backed by American Industrial Partners (“AIP”). Combining the expertise and knowledge of AIPs 20 mid-size manufacturing companies, ADDMAN uses AM and advanced technologies to enable our customers to have breakthroughs in product development and manufacturing. ADDMAN is a vertically integrated company, and its capabilities span the design, manufacture, post-processing, and quality equipment needed to take an Additive Manufacturing part from concept to production and final quality inspection. For more information, visit www.addmangroup.com

About VELO3D

VELO3D empowers companies to imagine more and additively manufacture nearly anything. Bringing together an integrated, end-to-end solution of software, hardware, and process-control innovation, VELO3D’s technology for 3D metal printing delivers unparalleled quality control for serial production and enhanced part performance. With VELO3D FlowTM print preparation software, Sapphire® laser powder bed AM system and AssureTM quality assurance software, manufacturers can accelerate product innovation, become more agile and responsive to market needs and reduce costs. First in the industry to introduce SupportFreeTM metal 3D printing, which allows for the manufacture of previously impossible geometries, the company is based in Silicon Valley and is privately funded. VELO3D has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2021. For more information, follow VELO3D on LinkedIn or visit velo3d.com.

BALTIMORE, MD, USA, May 14, 2021 – At the upcoming Product Lifecycle Management (PLM) Road Map & Product Data Technologies (PDT) Spring 2021 Virtual Conference May 19-20, 2021, experts from Rand Worldwide will share lessons learned from decades of helping customers recognize the benefits of investing in and adopting PLM across their organization. On Thursday, May 20th at 10:15 EDT, manager of learning content development, Jennifer MacMillan, will present the session, Supporting PLM Implementations with Innovative Online Learning.

“Rand Worldwide customers realize a unique benefit by accessing our experts and their knowledge of the PLM value equation,” says Jason Barnett, vice president of manufacturing and product lifecycle management, Rand Worldwide. “To achieve real transformation with PLM, the solution needs to extend far beyond simply implementing software. Through the various divisions of Rand Worldwide, we bring expertise and familiarity regardless of the PLM solution chosen. As such, we are uniquely poised to help customers select the technology best suited for their goals and objectives. We can then follow with implementation services, development of customized workflows and adoption techniques, that all contribute to a successful PLM deployment across an organization.”

Increasing Success of PLM Implementations with Innovative eLearning Solutions

During the presentation on May 20th, attendees will hear how multiple divisions at Rand Worldwide collaborated to help a global leader in motion control technologies document and capture company-specific workflows. It will also highlight the creation of unique learning content and training programs that ensured consistent usage and adoption of the customer’s PLM platform for their 1000+ employees worldwide.

The critical components of this successful rollout included incorporating instructional design and technical writing principles to develop effective, engaging, and personalized learning solutions that were unique to each department ensuring that employees only learned the content that was relevant and most impactful to their job role.

In order to rollout learning content across the globe, Rand Worldwide utilized its eLearning portal, ProductivityNOW. This professional development and technical support platform is used by thousands of high-performing engineering teams to enhance productivity and achieve high levels of accuracy and consistency within teams and across workgroups.

Secure your ticket for CIMData’s two-day virtual conference by registering now. For more information about Rand Worldwide visit their virtual booth.

About Rand Worldwide

Rand Worldwide is one of the world’s leading professional services and technology companies for the engineering community, targeting organizations in the building, infrastructure, and manufacturing industries. The company advances the way organizations design, develop, and manage building, infrastructure, and manufacturing projects. Fortune 500 and Engineering News Record’s Top 100 companies work with Rand Worldwide to gain a competitive advantage through technology consulting, implementation, training, and support services. One of the world’s largest integrators of Autodesk software, the company also provides facilities management software from ARCHIBUS, Ansys simulation services and software via the Rand SIM team, CAD and PLM courseware through their ASCENT division and provides training and consulting solutions on Dassault Systèmes and PTC products. For more information, visit rand.com.

COPENHAGEN, Denmark, May 14, 2021 – Luxion Aps and Luxion Inc (together “Luxion” or the “Company”), a global leader in 3D product design rendering software, announced that it will partner with GRO Capital (“GRO”) to solidify the Company’s industry leadership position and accelerate global growth.

Building on Luxion’s strong track record of product innovation, GRO Capital will partner with Luxion to fuel continued innovation, enhance sales and marketing efforts, as well as grow the Company’s partner network globally, to accelerate international expansion plans.

Luxion’s software sits at the very center of the product design value chain and enables customers to create visualizations and photorealistic representations of detailed 3D models in real-time. The Company delivers tremendous value to customers by digitizing the entire product design process, which otherwise remains a costly and inefficient workflow. Luxion’s value proposition is industry vertical agnostic and is validated by some of the most prominent brands globally, who are using the Company’s main product, KeyShot, in their product design, including Google, Microsoft, Logitech, Procter & Gamble, Adidas, Tiffany & Co, and many other leading companies.

Since the foundation in 2003, Luxion has grown rapidly to become the undisputed market leader globally selling to more than 10,000 customers and resellers across 80+ countries with sales and R&D hubs in both Denmark and the US. Luxion’s growth is expected to continue to be driven by customers’ accelerated adoption of high-definition 3D viewing experiences in digital sales, accelerated product innovation cycles, as well as increased integration of product visualization along companies’ supply chain.

Due to Luxion’s global reach and industry thought leader position, leading players (PTC, Siemens PLM, Velux, etc.) and 50+ universities globally have already decided to partner with Luxion, a testimony towards Luxion’s standard-setting and pioneering position in the industry and academia, respectively.

Luxion has a proven track record of continuous product innovation, which has resulted in a broad portfolio of software technology, featuring advanced material capabilities and its proprietary Virtual / Augmented Reality offering which positions the Company strongly to capitalize on the anticipated rapid adoption of AR/VR applications across multiple industries.

Henrik and Claus Wann Jensen, co-founders of Luxion, said: “After nearly 20 years of an owner driven journey, we are excited about partnering with GRO Capital to double-down on product innovation and accelerating global growth. We are proud of our industry thought leader position, why it was vital for us to partner with an investor, who shares our passion for product innovation and can demonstrate deep know-how about operating and scaling software businesses like Luxion.”

“Luxion creates significant strategic value for customers and partners, and we are impressed by the very high satisfaction of customers and the product vision of Henrik and Claus, which has been executed flawlessly over the past two decades. This investment fits perfectly within GRO Capital’s strategy of investing in best-in-class software companies and help founder teams to accelerate their growth.”, said Lars Lunde, Partner at GRO Capital.

Closing of the Transaction is anticipated to take place in the beginning of May 2021.

About Luxion

Luxion is the global leader of product design rendering software. Thousands of companies around the globe use Luxion’s main product, KeyShot, for a multitude of use cases, including creating visualizations and photorealistic representations of detailed 3D models, preparing materials and textures ahead of production, uploading of interactive product visualizations, 3D animations, and many more. Founded in 2003, Luxion has offices in Denmark and the US, and a global footprint with a large portfolio of blue-ship customers including the likes of Google, Microsoft, Logitech, Procter & Gamble, etc. For further information please visit: www.luxion.com and www.keyshot.com

About GRO

GRO Capital is a leading North European private equity fund with an exclusive focus on mature B2B software and tech enabled companies with strong growth prospects. GRO Capital serves as active owners developing portfolio companies with a view to create long-term value. The partners behind GRO Capital have been investors in more than 20 technology and software related companies. For further information about GRO Capital please visit: www.grocapital.dk

ANN ARBOR, MI, USA, May 14, 2021 – CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the publication of two new eBooks that summarize the results of a multi-sponsor collaborative research program focused on the business benefits and challenges offered by the adoption of a Software as a Service (SaaS) PLM delivery model. Partners in this research effort included PTC and three other leading PLM solution providers.

In many leading companies, legacy PLM implementations have often been installed on-site and often experience implementation delays due to complex installation requirements. Over time, heavy customizations can also be challenging to maintain and adapt to changing business requirements. In smaller companies, PLM is often ad-hoc, primarily using Microsoft Excel and shared file services in support of product development. For both, the product development processes are found lacking, unable to support the agility requirements of business today.

This collaborative research program focused on helping answer vital questions about industrial companies’ ongoing and planned Cloud/SaaS-related PLM efforts. The eBooks highlight the issues faced by industrial companies looking to make this move and includes sponsor information about how they are addressing these issues, including customer vignettes and links to more information.

According to Mr. Stan Przybylinski, CIMdata’s Vice President and leader of CIMdata’s research program, “In our 2017 cloud study, about one-third of the participants believed they would move to the cloud in the next two years. If our respondents to this new survey are representative of the broader population, nearly 30% have already made the move, and 86% of our respondents either already moved, plan to move in the near future, or have strongly investigated their options. This result agrees with our work with our industrial consulting clients and in our interactions with the leading PLM solution and service providers who claim a huge increase in interest and growing adoption. This is great news for the PLM Economy.”

CIMdata is publishing two eBooks, each highlighting a different part of the PTC’s cloud business. “PTC delivers PLM optimized for all the ways we work with a portfolio that spans on-premises, cloud, and SaaS,” stated Mr. Kevin O’Brien, Division GM of the PLM Segment at PTC. “However, the speed and the level of security at which our customers can deploy Windchill on the PTC Cloud is a gamechanger. We continue to focus our investments ensuring our customers realize the lowest TCO and the best user experience.”

To get your copy of this PTC eBook, please visit: https://www.ptc.com/en/resources/plm/ebook/saas-plm-extend-collaboration-across-network

Representing the Onshape/Atlas part of PTC’s business, Mr. Jon Hirschtick, Executive Vice President and General Manager Onshape at PTC, stated that “Collaboration is at the heart of all product innovation—and product development is the ultimate team sport. Only a cloud SaaS platform can deliver the real-time CAD and data management tools needed for today’s globally distributed teams to thrive. Built around a single source of truth, PTC’s Onshape platform gives engineers the freedom to work from anywhere and the confidence to take more creative risks.”

To get your copy of this PTC eBook, please visit: https://www.cimdata.com/en/resources/complimentary-reports-research/white-papers