Siemens Industry Automation Strengthens Position with Takeover of innotec
With around 200 employees, innotec is one of the leading digital engineering software vendors especially for plants in the process industry. As a result of the acquisition, innotec will become a subsidiary of Siemens AG, and for organizational purposes it will be assigned to the Industrial Automation Systems Business Unit.
innotec GmbH (Schwelm, Germany) is one of the leading software vendors for lifecycle management systems. Since its inception in 1991, the company has expanded constantly and now has around 200 employees worldwide. As well as its primary location in Schwelm, innotec can also be found elsewhere in Germany in Bonn and Hanau, as well as in Brazil, Denmark, Austria, South Africa, Switzerland, and the U.S. At the heart of innotec's services is the lifecycle engineering system Comos, an integrated corporate solution for plant lifecycle asset information management. This meets all the requirements of modern engineering: Process engineering, conceptual design, pipeline and function planning, automation and I&C planning, measuring and control systems, asset management/maintenance, as well as document and project management.
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The Siemens Industry Sector (Erlangen, Germany) is the worldwide leading supplier of production, transportation and building technologies. With integrated hardware and software technologies as well as comprehensive Industry-specific solutions, Siemens increases the productivity and efficiency of its customers in the fields of industry and infrastructure.
The Sector consists of six divisions: Building Technologies, Industry Automation, Industry Solutions, Mobility, Drive Technologies and Osram. With around 209,000 employees worldwide Siemens Industry achieved in fiscal 2007 total sales of approximately EUR40 billion (pro forma, unconsolidated). www.siemens.com/industry
The Siemens Industry Automation Division (Nuremberg, Germany) is a worldwide leader in the fields of automation systems, low-voltage switchgear and industrial software. Its portfolio ranges from standard products for the manufacturing and process industries to solutions for whole industrial sectors that encompass the automation of entire automobile production facilities and chemical plants. As a leading software supplier, Industry Automation optimizes the entire value added chain of manufacturers - from product design and development to production, sales and a wide range of maintenance services.