CIMdata PLM Industry Summary Online Archive

2 October 2007

Acquisitions

Technia Starts New Business Area and Expands - as a Result of Acquisition of Transcat PLM AB

Technia, AddNode's subsidiary, the leading supplier in the Nordic area of Product Lifecycle Management (PLM) Solutions, has acquired Transcat PLM AB. The acquisition of Transcat PLM AB gives Technia CATIA and ENOVIA expert consultants, which will accelerate Technia's expansion and taking care of the increased demand for their products and services from different companies. As a result of the acquisition Technia starts a new business area, Design Solutions that is focusing on 3D services and products. The new services and products complements Technia's other offering. Technia continues to widen their offering in the PLM area.

The acquisition was carried out as an acquisition of 100% of the shares of the company. Technia will keep the focus on being a Dassault Systèmes Business Partner, and distribute CATIA, ENOVIA and Q-checker. All Transcat customer agreements will remain in place and continue to be executed.

"Our goal with the acquisition is that Technia will be the first hand choice for companies in the Nordic when it comes to CATIA and ENOVIA projects. Technia has also signed a new contract with Transcat PLM GmbH & Co for support and selling of the product Q-Checker. The plan is to integrate the new consultants in the Technia organization as fast as possible, to deliver ongoing projects with high quality and to secure our new customers' investments. Our ambition is that Technia's "Design Solutions" business will offer the absolutely highest competence in the Nordic area", says Johan Schenning, Director Design Solutions, Technia AB.

"The acquisition agrees with Technia's ambition and vision to be a "Total PLM Solution Partner. We estimate that the acquired business will give positive results to Technia and AddNode during 2007", says Hans Wolfhagen, CEO, Technia AB.

"Transcat PLM AB's new owner is a very strong industrial partner that will evolve the business and give the company's customers the best support of CATIA, ENOVIA SmarTeam and ENOVIA VPLM. We are very pleased to help Technia, as a Dassault Systèmes partner, answer the increased customer request for integrated PLM solutions. In addition, we believe Technia's strength and experience in PLM-strategies and global projects will give customers new opportunities and business advantages", says Etienne Droit, Executive Vice President, Sales and Distribution, Dassault Systèmes.

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