Electrical system design software company acquired
Siemens announced it has acquired COMSA Computer und Software GmbH, a Munich-based company which develops software for electrical systems design and wire harness engineering. The COMSA team and technology will join the Mentor business, which is part of Siemens PLM Software. Through this acquisition, Siemens plans to extend worldwide the delivery of new technology offerings that address disruption in the automotive harness industry caused by trends such as autonomous driving and electric vehicles. Tony Hemmelgarn, president and CEO of Siemens PLM software, said the acquisition is part of the company’s long-term plans to invest in the automotive industry.
Bishop and Associates estimate that in 2017 the worldwide revenue for the cable assembly market was $155 billion with approximately 30% of the market from automotive. According to Cowen Research (Oct.19, 2018), “The wiring harness today is the third highest cost component in a car (behind the engine and chassis). Harnesses are built one at a time and can comprise about 50 percent of the cost of labor for the entire car. The wiring harness is also the third heaviest component (behind the chassis and engine). Any technology that reduces this weight directly contributes to fuel economy.”
Siemens Industry, Inc.
– Edited from a Siemens press release by CFE Media. See more Control Engineering energy and power stories.