Siemens to Acquire Camstar

Siemens has entered an agreement to acquire Camstar Systems Inc., a provider of manufacturing execution systems (MES) software. The transaction will build on Siemens’ industrial digitalization strategy, the company states, by expanding its integrated product development and production automation solutions for the electronics, semiconductor and medical device industries. The deal is expected to close during the second half of November.

Camstar’s enterprise MES portfolio delivers enterprise-wide solutions for centralized or distributed multi-site manufacturing environments. It leverages Big Data technology across the operations and global supply chain.

“The addition of the Camstar team and products represents the latest step in Siemens’ focus on delivering industry leading, comprehensive functionality and the deep expertise needed to support our customers’ digital enterprises,” said Chuck Grindstaff, president and CEO of Siemens PLM (product lifecycle management) Software. “The addition of Camstar’s solutions will further accelerate our integration of PLM with the Manufacturing Operations Management (MOM) domain. In the integrated digital enterprise, we are enabling PLM, MOM and industrial automation to work together to help customers realize innovation in their products and processes throughout the value chain. Camstar’s unique value and industry-centric approach complements the Siemens strategy for the MOM domain and will be a welcomed addition to our premier MES brand, SIMATIC IT.”

For more information, visit Siemens.

Sources: Press materials received from the company and additional information gleaned from the company’s website.