Siemens Acquires Vizendo AB, Provider of Virtual Training for Industrial Companies

By Tim Shea

Acquisition or Partnership

Siemens has acquired the Swedish service and software company Vizendo AB with headquarters in Gothenburg.  Vizendo is a leading provider of virtual operator training for automotive manufacturing.  Virtual training enables industrial companies to reduce their training times and launch new products faster and in higher quality.  The acquisition took effect as per June 1, 2020.

Vizendo has been a provider of services and software for Virtual Operator Training (VOT) since 2004.  Generated directly from the customer's own CAD/PLM data, these services provide considerable benefits on the basis of Software-as-a-Service (SaaS) business models.  More than 70 percent of Vizendo customers are using CAD/PLM data with the Siemens Teamcenter solution.  The focus is on production, maintenance and repair training, as well as on induction training and qualification monitoring.  The majority of customers is from the automotive industry, but customers from other industries, such as aerospace, also greatly benefit from the software.

The acquisition took effect as per on June 1, 2020.  Vizendo is thus a 100 percent subsidiary of Siemens AB, Sweden.  With its 23 software designers and service engineers, Vizendo will be integrated into the Digital Industries Customer Services Business Unit.

Engage with ARC Advisory Group