From an R&D center to a globally acclaimed engineering services and PLM player, Geometric has been creating value for its customers and shareholders through organic and inorganic growth. Through our acquisition strategy, we have been able to tap newer markets, geographies, and competencies, while also providing our customers a true global engineering proposition.
The acquired companies in the Geometric ecosystem include:
3cap technologies GmbH Geometric acquired 3cap technologies GmbH, a nine-year old specialist in electronics engineering, based in Oberschleißheim near Munich, Germany in January 2013. This hundred people strong company offers a multitude of services to its customers ranging from Embedded Systems Development, Verification and Validation, and Calibration in the areas of powertrain and chassis. Geometric has a strong presence in the automotive vertical, with extensive capabilities in engineering services and engineering IT. The acquisition of 3cap is in line with the company’s strategy to provide customers with end to end (mechanical, electronics and software) solutions for digital product realization. In addition to the capabilities in electronics engineering, this acquisition also helped strengthen Geometric’s presence in Europe.
Teksoft Inc. Geometric acquired Teksoft Inc., a CAD/CAM products company based in Scottsdale, Arizona, USA from OnCourse Technologies Inc (OCTH) in January 2005. Teksoft and Geometric had a ten-year history of working together prior to the acquisition, and Geometric was the development partner for Teksoft’s flagship product, CAMWorks©.
The business of the acquired company has been rechristened to form Geometric Technologies, Inc., and continues to develop and market CAMWorks. In addition, the subsidiary is a distributor for Geometric’s other software products and technologies for the manufacturing industry, as well as the marketing arm for the company’s Desktop Products & Technologies Unit. This acquisition has helped Geometric add a reseller network and develop channel partners for its leading products and technologies for the manufacturing industry like Feature Recognition, NestLib, eDrawings Publisher, DFMPro, GeomCaliper, and 3DSearchIT.
Modern Engineering Geometric acquired Modern Engineering, Inc. (now renamed Geometric Americas, Inc.), a 60 year old Detroit-based engineering services company, in 2006.
Modern Engineering, Inc., originally a wholly-owned subsidiary of Virtual Supply Chain Engineering, Inc., has been a leading provider of staffing, engineering and design services to the worldwide manufacturing industry since 1946. Modern’s expertise includes program management, product design & engineering, supply chain engineering, manufacturing engineering, tool and rack design, data management, software development, technical staffing and IT services. With the acquisition of the company, Geometric gained expertise in services offerings for all major CAD systems, including: UGS’ NX™ portfolio (NX, I-deas® NX Series, Femap®, NX Nastran), Unigraphics, CATIA v4 and v5, SDRC-iDEAS, Pro-Engineer, AutoCAD, SolidWorks, FactoryCAD, as well as a large portfolio of simulation tools. Along with this expertise and on-shore as well as near-shore development centers, Geometric also acquired Modern Engineering’s supply-chain engineering technology – The Virtual Engineer™.
Geometric’s acquisition of Modern Engineering was a significant step in realizing the true potential of global engineering. The merged entity is well positioned to meet the demand of customers with a broader range of services. The increased scale, scope and global capabilities have enhanced the long-term value for shareholders, customers and employees alike.