Silver Lake Kraftwerk to Participate in New Investment Round; Goldman Sachs to Join Aras’ Board of Directors
Addition of simulation management to the Aras PLM Platform extends Digital Thread traceability
Aras Outlines Core Tenets for Managing Increasing Demand for Simulation Across the Product Lifecycle
Open, platform-based approach required to harness simulation, connect Digital Thread, realize Digital Twin
Aras, the leader in open product lifecycle management (PLM) software for the enterprise, today announced that it has acquired Comet Solutions, Inc., a provider of best-in-class software for simulation process management.
“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.