Oct. 17, 2002 – Boston, MA, and Nashua, NH – Teradyne’s assembly test division (ATD), a provider of electronics testing and production solutions, and Tecnomatix Technologies Ltd., a provider of manufacturing process management (MPM) software solutions, said that Tecnomatix Unicam Inc. will acquire Teradyne’s CIMBridge CAD/CAM optimization software product line.
The CIMBridge acquisition expands the current alliance between Teradyne and Tecnomatix, which began in 1994.
The terms of the transaction were not disclosed.
Tecnomatix Unicam, a wholly owned subsidiary of Tecnomatix Technologies, will incorporate CIMBridge solutions into its MPM product line, and has committed to provide the CIMBridge installed base with solutions that include the latest in software development, while offering a seamless migration path to its assembly technology.
Teradyne and Tecnomatix Unicam will begin implementing a transition plan that will enable Tecnomatix Unicam to assume full responsibility for CIMBridge’s support channels.