Tecnomatix

Last updated
Tecnomatix Technologies, Ltd
Company type(formerly NASDAQ: TCNO)
Industry Software
Founded1983;41 years ago (1983)
Defunct2005 (2005)
FateAcquired by UGS Corporation in 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 Software

Tecnomatix Technologies, Ltd. (formerly NASDAQ: TCNO) is a 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]

Contents

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 1994, Dovrat was succeeded as CEO by Harel Beit-On (also the company's President. In 2001 Beit-On was appointed Chairman of the Board of Directors, [5] and served as Chairman until the company's acquisition in 2005.

In 1999, Tecnomatix acquired Unicam Software Inc., a provider of production engineering software to the printed circuit board (PCB) assembly market. [6]

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. [7]

In 2005, Tecnomatix was acquired by the UGS Corporation and the Tecnomatix product was combined with UGS' existing MPM solutions. [8] The current Tecnomatix software line includes Part Manufacturing, Assembly Planning, Resource Planning, Plant Simulation, Human Performance, Quality, Production Management, Manufacturing Data Management. [9] [10] [11]

In January 2007 UGS was purchased by Siemens AG, and today the Tecnomatix solutions are available from Siemens Digital Industries Software. Siemens Digital Industries Software announced Tecnomatix version 9 in June 2009. [12]

See also

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References

  1. ↑ Cohen, Omri (4 February 2005). "UGS Corp. finalizes acquisition of Tecnomatix for $228 million". TheMarker.
  2. ↑ "Tecnomatix Technologies Ltd. - Company Profile". Business Week. Archived from the original on January 1, 2009.
  3. ↑ "VPartners". Vpartnersfund.com. Retrieved 2011-06-02.
  4. ↑ "AllBusiness.com". AllBusiness.com. Retrieved 2011-06-02.
  5. ↑ "Tecnomatix Announces Appointment of Harel Beit-On as Chairman of the Board of Directors". The Free Library. Retrieved 2001-12-04.
  6. ↑ "AllBusiness.com". AllBusiness.com. Retrieved 2011-06-02.
  7. ↑ "Automation.com". Automation.com. Retrieved 2011-06-02.
  8. ↑ "Control Engineering | UGS acquiring Tecnomatix for $228 million". Control Engineering. 2005-01-11. Retrieved 2021-03-17.
  9. ↑ Bericht im Innovations-Report vom 5. Januar 2005
  10. ↑ Pressemitteilung Tecnomatix über die Übernahmevereinbarung am 4. Januar 2005 (engl.), auf www.tecnomatix.com at the Wayback Machine (archived 2005-01-10)
  11. ↑ Bericht im Innovations-Report vom 29. Juni 2006
  12. ↑ "Tecnomatix 9 Press Release". Plm.automation.siemens.com. 2009-06-23. Retrieved 2011-06-02.
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