Siemens plans the acquisition of simulation software specialist TASS International, in a move to strengthen its product lifecycle management (PLM) business. Terms of the transaction weren’t disclosed.
Netherlands-based TASS specializes in autonomous driving, integrated safety, advanced driver assistance systems (ADAS), and tire modeling. Especially autonomous driving and integrated safety are key growth areas in the auto industry, Siemens said.
Siemens expects the inclusion of TASS simulation technology in its portfolio to allow it to offer the kind of products needed in today’s rapidly changing auto industry.
Jan Mrosik, CEO of Siemens’ Digital Factory division, said in a press release that the acquisition will fit into his company’s strategy to offer a complete digital business portfolio, “enabling automotive companies to realize their digital transformation and fully benefit from all opportunities of digitalization.”
TASS CEO Jan van de Oetelaar said the Siemens acquisition will speed up the rollout of new automotive technologies. “The Siemens PLM Software portfolio offers a significant opportunity for TASS International and its customers to accelerate the development of safety-critical applications in the field of automated and connected driving,”
The combined expertise of the two companies will allow them to build “an integrated toolchain for verification and validation of complex automotive functions,” he added.
The PreScan software developed by TASS allows the simulation of complex traffic scenarios. This lets automotive companies virtually validate automated driving solutions and advanced driver assistance systems.
Madymo, another TASS software product, can simulate the impact of a car crash on the human body.
TASS software will be combined with Siemens’ Simcenter portfolio of simulation offerings and with the electronic design automation (EDA) products from Mentor Graphics, which Siemens acquired in March.
Siemens said it would buy 100 percent of TASS and integrate the business into its PLM Software Business Unit. The transaction is set to close this month.
TASS International, which has approximately 200 employees, has annual sales of 27 million euros.