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“Aras embodies this strategy with a game-changing platform and ‘SaaS Anywhere’ approach that has proven very compelling to customers, and we are excited about Aras’ next stage of growth." -Martin Fichtner, managing director of Silver Lake Kraftwerk.

“To power the next wave of global industrial productivity, GE is investing in critical foundational capabilities for the Industrial Internet," Steve Taub, the managing director of advanced manufacturing and enterprise at GE Ventures, said in a statement.