Omnify Software, a leading provider of cloud-enabled product lifecycle management (PLM) software, has been acquired by Arena Solutions, a global provider of cloud-based PLM and QMS software.
- The combined companies form the definitive leader in cloud-based PLM for the electronics market
- Both companies have noted rapid growth in the Internet of Things (IoT) and medical device markets and will continue to support other key markets in consumer electronics, clean technology, aerospace and defense and industrial manufacturing
- The combined entity will have offices in California, Massachusetts, Texas and Suzhou, China and will support over 1,300 customers such as Nutanix, Enphase Energy, Bio-Rad, Kymeta, and GoPro
About Omnify Software
Omnify is based in Andover, MA. with a large customer base in the electronics, medical devices, aerospace and defense, and telecommunications markets. Its experienced staff and comprehensive cloud-based and on premises PLM software products allow its clients to have greater success in new product development (NPD) and new product introduction (NPI) processes, while also allowing them to reduce costs, risks, and improve profitability.
About Arena Solutions
Arena Solutions, based in Foster City, CA, helps innovative electronic high tech and medical device companies create products that change the world. Arena unifies product lifecycle (PLM) and quality management (QMS) processes, allowing every participant throughout the product realization process, from design to manufacturing, to work together. With Arena, teams accelerate product development and delivery to increase profits.
Transaction Details
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SectorsIndustrial Software
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ServiceM&A
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OwnershipFounder-Owned
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PracticesEngineering SoftwareEnvironmental, Health, Safety, & Quality Technology