CIMdata PLM Industry Summary Online Archive

27 September 2007

Implementation Investments

Telelogic Signs 1.35M EUR Agreement with World Leading Aerospace Defense Manufacturer

Telelogic announced 1.35 MEUR license, license upgrade and maintenance contract with a global leader in the manufacture of aerospace and defense equipment.

The agreement covers Telelogic Statemate® for graphical design, simulation and prototyping of rapid development in complex embedded systems and will see the company extend their existing implementation with additional licenses whilst moving to a floating license model across all development sites. All licenses are covered with a two year maintenance agreement.

"Based on our solutions and expertise another global leader has chosen to expand and extend their commitment with Telelogic," said Anders Lidbeck, President and CEO of Telelogic. "The agreement further underlines Telelogic's position as the solution provider of choice for the aerospace defense industry."

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