Siemens expands automotive engineering software business with new takeover
With TASS, Siemens hopes to strengthen its position in the promising market for autonomous driving. The set of technologies required for this is field one of the main activities of TASS. The company is also active in the areas of integrated safety, advanced driver assistance systems and tire modeling. Headquartered in Helmond (the Netherlands), TASS has a broad range of solutions that will significantly enhance Siemens’ PLM software offering and further enhance Siemens’ position as a provider of system-driven product development for the global automotive industry.
“The automotive industry is one of our focus industries. The acquisition of TASS International is further proof of our commitment to providing our customers with a complete portfolio of solutions for their digital business,” explains Jan Mrosik, CEO of Siemens’ Digital Factory Division. “In this way, we help automakers to successfully shape digital change and take advantage of all the opportunities offered by digitalization”
TASS International focuses on solutions for automated driving and integrated safety (active and passive) for the automotive industry. The PreScan software offers automakers, suppliers and public authorities alike the opportunity to simulate complex traffic scenarios and virtually validate solutions for automated driving as well as advanced driver assistance systems. With Madymo, a modeling software for occupant safety, TASS simulates the effects of car accidents on the human body. The Delft-Tyre software enables high-precision tire models to simulate vehicle dynamics and driving situations.
TASS International’s simulation software is to be combined with Siemens’ Simcenter simulation portfolio and Mentor Graphics’ Electronic Design Automation (EDA) solutions, which has also recently become part of the Siemens Group. With this integrated solution for early verification and validation of advanced driver assistance systems (ADAS) and autonomous driving systems, Siemens will be able to offer the world’s most comprehensive range of products for system-driven vehicle development.
Siemens plans to acquire 100 percent of TASS International´s share capital. The TASS activities will be folded into the Siemens PLM Software business unit, which is part of the Digital Factory division. TASS International employs about 200 workers and achieves an annual turnover of approx. 27 million euros. Planned closing is scheduled for the beginning of September 2017. Both parties have agreed not to disclose financial details of the transaction.
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