Siemens PLM Buys RuleStream Assets
For the past eight years, RuleStream has been making a name for itself in the rules-driven product management (RPM) industry, but as many businesses know, it takes more than great technology to sustain and grow a business. RuleStream faced this reality in April 2009 when the company was forced to layoff much of its workforce and hope for a buyer. Fortunately for RuleStream customers, a buyer has been found.
In early October 2009, Siemens PLM Software acquired RuleStream software technology and brand assets, giving RuleStream a new lease on its business life. Siemens is positioning RuleStream as one of its PLM Components alongside other components (typically licensed by OEM software companies) such as Parasolid, D-Cubed, PLM Vis and PLM XML.
The RuleStream component is instrumental for Engineer-To-Order (ETO) companies interested in improving margin control and decreasing the time from order-to-cash. The RuleStream
technology, according to Siemens, is part of an emerging software class called standards-based engineering. Siemens is hoping to enhance and extend its PLM implementations with the addition of the RuleStream technology and brand.
Tags: Design Automation, engineer-to-order, PLM, Rules-driven Product Management, RuleStream, Siemens PLM
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