ITI TranscenData Acquires Proficiency
MILFORD,
OH, Jul 1, 2009 – International TechneGroup Incorporated (ITI) announced
today that the ITI TranscenData business has acquired Proficiency, the
leader in feature based CAD data translation software. “Proficiency is a
strategic acquisition that extends our interoperability capabilities and
strengthens ITI’s overall focus of product development productivity”, said
ITI Chairman and CEO, Mike Lemon.
“This is an exciting milestone for our company,” said ITI TranscenData
President, Don Hemmelgarn. “We now provide the most comprehensive suite of
solutions in the Product Data Interoperability industry. This alignment is
not only beneficial for existing ITI and Proficiency clients, but for
companies still weighing and planning interoperability solutions. We are now
the ideal partner, offering the highest quality CAD model data to
manufacturing enterprises and their supply chain.”
ITI is a global company helping clients achieve world class product
development productivity. ITI TranscenData provides interoperability
solutions that enable companies to effectively exchange, reuse, integrate
and share engineering product data among diverse software applications. ITI
TranscenData solutions are aimed directly at reducing and eliminating
non-value-added time and costs associated with reusing product data. ITI
TranscenData offers PLM Integration services, PLM and CAD Data Migration
solutions and software products such as CADfix, CADIQ and DEXcenter™.
Proficiency’s Collaboration Gateway™ technology will continue to be
offered through the ITI TranscenData business, providing the automated
re-mastering of parametric CAD data from one CAD system into another,
including all of the 3D design intelligence, such as features, sketches,
parameters and constraints, manufacturing info, metadata and assembly
information. Proficiency supports interoperability between: Pro/Engineer, I-deas,
UG-NX, Catia V4 and Catia V5. Alex Tsechansky, Vice President of Research
and Development for Proficiency commented, “Over the past 10 years
Proficiency has developed product knowledge migration capabilities between
all high end CAD platforms. Combining this technology with ITI
TranscenData’s solutions will be a win-win for both the business and our
customers.”
The acquisition of Proficiency by ITI TranscenData will offer strength
and stability to the existing client bases of both companies. When news of
the acquisition was shared with existing ITI TranscenData and Proficiency
clients, it was well received. “ITI TranscenData looks forward to working
with the Proficiency team to ensure a rapid and seamless transition”, said
Don Hemmelgarn. “Our combination will create excellent growth opportunities
for our customers and employees.”
About Proficiency
The Proficiency technology was introduced to the global market in 1998.
The company’s operations included locations in US, Germany, France and
Israel. The Research and Development headquarters for Proficiency, now
located in Tel Aviv, Israel continues to be the key resource for development
of this industry leading solution. Global enterprises in the automotive,
aerospace, defense and heavy machinery industries, such as Daimler, Ford,
Boeing, Goodrich and Honeywell use Proficiency’s technology.
About ITI and ITI TranscenData
International TechneGroup Incorporated (ITI) was founded in 1983 and is
headquartered in Milford, OH. ITI TranscenData is the product data
interoperability business within ITI. CAD/CAM/CAE/PLM vendors and end users
alike utilize ITI TranscenData's products and services for seamless data
exchange between dissimilar systems. Customers include ABB, Airbus, BAE
Systems, Boeing, Dassault, EADS, Ford, Honeywell, Lego, Lockheed Martin,
NASA, MAHLE Powertrain, Pratt & Whitney, Raytheon, Renault, Rockwell
Collins, Rolls Royce, Samsung Electronics, Siemens, Snecma, Spirit
AeroSystems, Thales, ThyssenKrupp, US Air Force, US Army, Xerox and others.
For more information visit
www.transcendata.com.
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See Also
ITI TranscendData website
CAD Translation Software and Companies - list of products
and companies by TenLinks.com
Additional News
Dec 1 - ITI TranscenData Releases CADIQ 6.1 for CAD Validation Oct 30 - ITI TranscenData Ships Proficiency Collaboration Gateway 8.1 Jul 1 - ITI TranscenData Acquires Proficiency Mar 10 - ITI TranscenData Releases CADIQ v6.0 for Analysis
Source: Material used in press releases is often supplied by external
sources and used as is.
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