Quickie: Changes afoot at Aras
Quickie: Changes afoot at Aras PLM watchers: Aras just announced that founder and long-time CEO Peter Schroer has ceded day-to-day CEO duties to Roque Martin, but will retain his role on Aras’ Board of Directors. Mr. Martin comes to Aras from PTC, where, says...
Aras secures investment from GI Partners
Aras secures investment from GI Partners Given all of the recent PLMish acquisition news, it’s natural to ask: what about Aras? Turns out, it’s going to continue to go it alone — at least for now. Aras just announced that it has reached an agreement...
A bit more on the ANSYS / Aras OEM deal
A bit more on the ANSYS / Aras OEM deal I had a number of questions about the new / upgraded relationship between ANSYS and Aras that was announced last week and reached out to both companies for more details. ANSYS VP Strategy and Partnerships Sin Min Yap told me the...
Quickie: Aras raises another $70 million in funding
Aras just announced that it has raised another $70 million in equity funding, this time led by Goldman Sachs Private Capital Investing group with participation from Silver Lake Kraftwerk and GE Ventures, both prior investor. These funds will support global...
Quick update on Aras + Comet: free means free
Yesterday, Aras announced that it has acquired Comet Solutions, to add simulation data and process management to its PLM platform. One of the intriguing things in the announcement was that Comet would be free to all subscribers. I didn’t see how that was...
Aras acquires Comet Solutions to add CAE-specific SPDM to its platform
I must say that I didn’t see this one coming but I probably should have: Aras just announced that it has acquired Comet Solutions, makers of simulation process management tools that enable users to be systematic in their application of CAE — keeping...
Quickie: Aras acquires for PLM + MRO capabilities
Aras announced last week that it has acquired infoTRAK MRO from Infospectrum and renamed the product Aras Impresa MRO. MRO stands for Maintenance, Repair, and Overhaul and is a key component in many asset operators’ strategies: planning who, what, when and how...
Aras secures investment, poised for serious growth
Aras announced last week that is has secured $40 million in funding in exchange for a minority stake in the company and a board seat. Silver Lake Kraftwerk and GE Ventures partnered for the investment. Aras said it will use the funds to drive growth, expand operations...
