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Teradyne, Tecnomatix Expand Alliance
October 21, 2002 |Estimated reading time: 1 minute
Boston and Nashua, N.H. -- Teradyne's Assembly Test Division (ATD) and Tecnomatix Technologies Ltd. announce that Tecnomatix Unicam Inc. will acquire Teradyne's CIMBridge CAD/CAM optimization software product line.
The CIMBridge acquisition expands the current alliance between Teradyne and Tecnomatix, which began in 1994. The terms of the transaction were not disclosed.
Tecnomatix Unicam, a wholly owned subsidiary of Tecnomatix Technologies, will incorporate CIMBridge solutions into its industry-leading Manufacturing Process Management (MPM) product line, and has committed to provide the CIMBridge installed base with solutions that include the latest in software development, while guaranteeing a seamless migration path to its best-in-class assembly technology. Tecnomatix Unicam will increase its market share and technology base through the addition of the CIMBridge intellectual property, installed customer base and R&D team.
Teradyne and Tecnomatix Unicam will begin implementing a transition plan that will enable Tecnomatix Unicam to assume full responsibility for CIMBridge's support channels.
Tecnomatix Technologies Ltd. is the driving force in Manufacturing Process Management (MPM). For more information, visit www.tecnomatix.com.Teradyne Inc. is the world's largest supplier of automatic test equipment and is also a leading supplier of high performance interconnection systems. For more information, visit www.teradyne.com.