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Charlotte Stonestreet
Managing Editor |
Siemens acquires Lightwork Design
09 October 2018
Siemens has entered into an agreement to acquire Sheffield-based Lightwork Design, a computer software and technology licensing company specialising in 3D rendering software development and virtual reality (VR) experience generation.
With the addition of Lightwork Design, Siemens PLM Software will provide customers with enhanced 3D data visualisation, high-end rendering and VR capabilities via its comprehensive suite of 3D product lifecycle management (PLM) applications.
In addition, the acquisition expands Siemens’ ‘open business’ strategy with a commitment to continue to provide software toolkits for 3D data pre-processing for visualisation, rendering and virtual reality, helping continue Siemens’ market-leading position in technology licensing to independent software vendors. The offerings of Lightwork Design will be combined with Siemens‘ existing PLM Components business, which includes Parasolid software, D-Cubed software and Kineo software, where more than 240 companies integrate Siemens PLM Software technology into 350 commercial applications for the benefit of six million end-users.
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