Tecnomatix

Tecnomatix Technologies, Ltd
(formerly NASDAQ: TCNO)
Industry Software
Fate Acquired by UGS Corporation in 2005
Founded 1993 (1993)
Defunct 2005 (2005)
Headquarters Tel Aviv, Israel
Products

Manufacturing Process Management solutions

Product lifecycle management solutions
Revenue $100.6 million (2004)[1]
Parent Siemens
Website Tecnomatix: Siemens PLM Software

Tecnomatix Technologies, Ltd. (formerly NASDAQ: TCNO) is a leading provider of Manufacturing Process Management and Product lifecycle management software to the electronics, automotive, aerospace and heavy equipment industries, currently owned by Siemens AG. Tecnomatix's eMPower is a suite of end-to-end Manufacturing Process Management solutions for the collaborative development and optimization of manufacturing processes across the extended enterprise and supply chain.[2]

History

Founded in Israel in 1983, the Tecnomatix Corporation provided Manufacturing Process Management (MPM) solutions for the automotive, electronics, aerospace and other manufacturing and processing industries. The Tecnomatix products suite offered software and services in all process monitoring and control, production management and execution.

Shlomo Dovrat was the founder of Tecnomatix and served as CEO and President from its inception until 1995. In 1993, Dovrat led Tecnomatix's IPO on the NASDAQ (TCNO). He served as Chairman of the Board of Directors from 1995 until December 2001.[3][4]

In 1999, Tecnomatix acquired Unicam Software Inc., a provider of production engineering software to the printed circuit board (PCB) assembly market.[5]

In 2003, Tecnomatix acquired USDATA Corporation. USDATA was the creator of the supervisory-level control (SCADA) product FactoryLink, and the manufacturing execution systems (MES) product Xfactory.[6]

In 2005, Tecnomatix was acquired by the UGS Corporation and the Tecnomatix product was combined with UGS' existing MPM solutions. The current Tecnomatix software line includes Part Manufacturing, Assembly Planning, Resource Planning, Plant Simulation, Human Performance, Quality, Production Management, Manufacturing Data Management.

In January 2007 UGS was purchased by Siemens AG, and today the Tecnomatix solutions are available from Siemens PLM Software. Siemens PLM Software announced Tecnomatix version 9 in June 2009.[7]

See also

References

  1. ↑ Cohen, Omri (02/04/2005). "UGS Corp. finalizes acquisition of Tecnomatix for $228 million". TheMarker. Check date values in: |date= (help)
  2. ↑ "Tecnomatix Technologies Ltd. - Company Profile". Business Week.
  3. ↑ "VPartners". Vpartnersfund.com. Retrieved 2011-06-02.
  4. ↑ "AllBusiness.com". AllBusiness.com. Retrieved 2011-06-02.
  5. ↑ "AllBusiness.com". AllBusiness.com. Retrieved 2011-06-02.
  6. ↑ "Automation.com". Automation.com. Retrieved 2011-06-02.
  7. ↑ "Tecnomatix 9 Press Release". Plm.automation.siemens.com. 2009-06-23. Retrieved 2011-06-02.
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