PROCAD, keytech, and ACATEC join forces to become the leading digital transformation provider for the manufacturing industry
- Collaboration takes digitalization of product lifecycle management to the next level
- Customers to benefit from the ability to integrate CPQ, PLM and PDM
- Merger will further accelerate the development of highly efficient, user-friendly PLM solutions with a low code/no code approach
Karlsruhe, Germany, May 26, 2021: Today, PROCAD, an international provider of product lifecycle management (PLM) and product data management solutions (PDM), and keytech, a leading German provider of mid-market PLM solutions, announced their merger. This step follows closely on ACATEC becoming part of the portfolio of the German based PLM powerhouse PROCAD in March 2021. The merger with keytech now brings together three software manufacturers with successful track records and in-depth experience.
Their combined strengths shall accelerate innovation, with a strong focus on next generation cloud applications and software-as-a-service solutions. Customers will benefit from the joint expertise to simplify and to speed up processes to develop, manufacture, distribute and service products.
Continuous optimization of product lifecycles
By combining their strength to innovate and execute, PROCAD, keytech, and ACATEC strive for a leading role to support manufacturing companies in their digital transformation.
"We are excited about this merger and aspire to be the partner of choice for manufacturers aiming to efficiently orchestrate knowledge across their product lifecycles. Together, we serve approximately 1,350 customers with more than 125,000 users worldwide and we will continue to add up to 100 net new clients annually” states Gerhard Knoch, CEO of PROCAD Group. “With our team of more than 250 employees and our strong network of partners, we will further drive our global growth. Our joint software solutions are highly intuitive and enable companies to successfully manage their product lifecycles in a world of ever-growing complexity."
"With keytech and PROCAD, we're bringing together two very experienced companies. When you have two PLM powerhouses combining their strengths and in-depth expertise, one thing is for sure: their combined proven PLM and PDM solutions deliver a substantial efficiency boost to the manufacturing sector," adds Reiner Heimsoth, Founder and CEO of keytech. "And together with ACATEC, an innovation leader in the product configuration and CPQ space, we can now optimize the entire product lifecycle in a way that is even more tightly integrated, from the initial configuration to the finished product. This is PLM integration at its best."
"Our speedmaxx Enterprise configurator and the PLM solutions from both, keytech and PROCAD, perfectly complement one another. The merger creates by far the best one-stop solution for an all-around smart digital product lifecycle – from product configuration by the customer at the point of sale to manufacturing all the way to distributing and servicing of the product," points out Henning Bitter, Founder and CEO of ACATEC.
With an installed base of over 900 customers in more than 25 countries, PROCAD is a leading software provider for the digital transformation of product lifecycle and product data management based on a configurable, easy-to-use platform. Founded in 1985 in Karlsruhe, Germany, PROCAD serves customers from 12 offices worldwide.
Founded in 1993, keytech specializes in optimizing business processes across the product lifecycle. With more than 300 customers worldwide and more than 30 years of software development experience, keytech is among the PLM market leaders in the German-speaking area.
ACATEC is a technology provider with two locations in Germany. The software company develops and sells product configuration solutions and entered the market in 2004. ACATEC is a technology leader in CAD automation, 3D visualization of custom products, and end-to-end business process automation. The product configurator digitally transforms processes from point of sale to order processing, accelerating business processes by a factor of up to 20.