Manufacturing operations software company Aegis Software, based in Horsham, Pa., announced recently it had acquired software company Simio, simulation and scheduling software company.
Aegis said the purchase would allow the two companies to work together to create a software solution that gives manufacturers a view of “what happened, what is happening, and what will happen.”
“We are excited to join forces with Simio, expanding our 30-year legacy of pioneering MES software innovation,” Jason Spera, co-founder and CEO of Aegis, said. “This acquisition unites cutting-edge solutions under one platform, empowering customers to make mission-critical decisions via access to end-to-end support throughout the manufacturing process. We’re grateful to our employees, customers and partners for supporting us through this next chapter of growth.”
Aegis said Simio has a reputation as a pioneer in the simulation and Advanced Planning and Scheduling (APS) space with solutions that help customers with valuable, real-time insights in their mission-critical workflows. The company is part of the curriculum at more than 500 higher education institutions around the world, which Aegis said will ensure that future manufacturing and operations professionals enter the workforce with experience using it.
“The Simio team and I have built and refined a differentiated software solution to optimize our customers’ manufacturing operations,” Dennis Pegden, founder of Simio, said. “Our team is proud of the success it has achieved to date and believes that Aegis is the ideal partner as we undertake the next stage of growth.”