Zurich, Switzerland, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Corum Group International, the leading global software M&A advisory firm, announced today the sale of two European clients with cutting-edge 3D technology. Visual Components was acquired by KUKA AG, and Stabiplan was acquired by Trimble.
Visual Components, based in Finland, develops software solutions for 3D simulation in factory planning. They will be folded into KUKA Robotics, a leading manufacturer of industrial robots. Visual Components’ simulation capability will be added to the KUKA product portfolio as a vital component of the design the factory of the future.
Stabiplan, based in the Netherlands, develops 3D Computer Aided Design and Engineering (CAD/CAE) and Building Information Modeling (BIM) technology for the Mechanical, Electrical and Plumbing (MEP) industries in Europe. Stabiplan's solutions include Stabicad software for Revit and AutoCAD, and the MEPcontent BIM content library. The additions complement Trimble’s existing products for the European MEP market.
“Both Visual Components and Stabiplan are well-run companies with deep 3D technology expertise, as well as products that bring significant value to their customers,” said Jon Scott, Managing Director of Corum Group International. “KUKA and Trimble are both excellent partners for our clients. These successful deals emphasize the importance of a global search during an M&A process.”
Scott will further discuss these deals, as well as the overall M&A market for software and related technology companies, during Corum's annual report webcast on January 18: Forecast 2018: Global Tech M&A.
About Corum Group
Corum Group is the global leader in merger and acquisition services, specializing in serving sellers of software and Internet companies worldwide. With offices globally, Corum has completed over US $7 billion in software M&A transactions over the last 30 years, spanning six continents. Corum's M&A advisors are highly experienced former tech CEOs, who are supported by the industry's leading researchers, writers and valuators. Corum also does much to educate the industry with its conferences and webinars and the industry's most widely distributed software and IT M&A research.
KUKA AG is an internationally active company with sales of around 3B EUR. Every day, roughly 12,300 KUKA employees at their headquarters in Augsburg and around the world work to ensure that they remain one of the world’s leading suppliers of intelligent automation solutions. Their international customers come from, among other sectors, the automotive industry and general industry. KUKA offers you everything from a single source: from the individual components to fully automated systems.
About Visual Components
Visual Components is a leading developer of 3D manufacturing simulation software and solutions, recognized as a global leader in the manufacturing simulation industry and trusted technology partner to many leading brands. Visual Components is headquartered in Helsinki, Finland and has subsidiaries in Lake Orion, Michigan and Munich, Germany, along with a global partner network of partners and resellers.
Trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. Core technologies in positioning, modeling, connectivity and data analytics enable customers to improve productivity, quality, safety and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble software, hardware and services are transforming a broad range of industries such as agriculture, construction, geospatial and transportation and logistics.
Stabiplan is a leader in the development and sales of design software for MEP engineering in Europe. Its Stabicad is adapted to the local needs and preferences of its users, allowing engineers to design, visualize, control and optimize building services. The online BIM library for MEP contractors and engineers, MEEPContent, offers up-to-date 2D and 3D BIM content and productivity-enhancing apps for the MEP community. Stabiplan has offices in Belgium, Germany, France, the Netherlands and Romania.
With iPromotions we bootstrapped our way into a leadership position in only 9 months. When it came time to push iPromotions up to the next level, Corum identified the best possible partners and leveraged our Internet expertise into an excellent transaction.