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Press Release26 July 2018Digital Factory Nuremberg
Siemens plans to take over products from OMAT Ltd., extending its software portfolio for the Digital Enterprise
"Machine tool manufacturing is part of Siemens' focus industries. The take-over of products from OMAT Ltd. is another step towards reaching our goal to provide our customers with a complete portfolio that helps them to implement their digital enterprise. The software applications which we will develop on the basis of technologies from OMAT Ltd. will be mainly applied in the field of Sinumerik Edge, significantly broadening the range of solutions for our customers in the machine tool market," explains Dr. Wolfgang Heuring, CEO Siemens Motion Control Business Unit. "The combined offer will place us into an even better position to provide innovative solutions that meet the challenges of machine tool builders and users on their journey to digitalization."
An innovative solution of OMAT Ltd. is the Adaptive Control & Monitoring (ACM), which significantly reduces the processing time of part programs, extends the life cycle of tools and avoids tool breakage. This technology is based on an analysis of machine tool data and additional parameters of the part program. Based on the algorithms developed by OMAT Ltd., process times can be reduced by up to ~20 percent which translates into a significant increase in productivity.
Other products use additional data and readings captured from external sensors, which further optimize the machining process. Solutions based on these developments have already been installed by OMAT Ltd. at their customers' and are expected to be advanced further.
Other products use additional data and readings captured from external sensors, which further optimize the machining process. Solutions based on these developments have already been installed by OMAT Ltd. at their customers' and are expected to be advanced further.
In a first step, OMAT Ltd.'s technologies will be integrated into the software portfolio of Siemens Digital Enterprise, complementing it with process optimizing solutions in machining. In the future, these technologies will be merged with the development in the field of Siemens Industrial Edge and Sinumerik Edge.
The transaction is due for completion in the third quarter of 2018. The parties have agreed not to disclose any financial details of the transaction.
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Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. With its publicly listed subsidiary Siemens Healthineers AG, the company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2017, which ended on September 30, 2017, Siemens generated revenue of €83.0 billion and net income of €6.2 billion. At the end of September 2017, the company had around 377,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
Contact
Katharina Lamsa
Siemens AG
Gleiwitzer Str. 555
90475 Nuremberg
Germany
90475 Nuremberg
Germany
+49 (911) 895-7975
Yashar Azad
Siemens AG
Werner-von-Siemens-Straße 1
80333 Munich
Germany
80333 Munich
Germany
+49 (89) 636-37970