Siemens to Expand Capabilities in Marine Design and Engineering with Acquisition of FORAN Software

By David Humphrey

Category:
Acquisition or Partnership

Siemens Digital Industries Software announced that it has signed an agreement with Spain-based SENER, a leading multinational company in engineering and technology, to acquire its FORAN software business. FORAN is CAD/CAE/CAM software for the design, construction and engineering of vessels and marine structures. The addition of the FORAN product and team to Siemens, together with its customer portfolio, brings experience and comprehensive know-how across complex commercial marine projects, defense industry standards, and regulation compliance. SENER Group will keep and strengthen its traditional marine engineering business line, where it offers design, engineering and consultancy services for different types of ships and offshore vessels.

FORAN will be added to Siemens’ Xcelerator portfolio, offering a comprehensive and integrated portfolio of software and services that covers all aspects of the ship lifecycle, from concept design through production to operations and optimized service lifecycle management.

Siemens’ acquisition of FORAN is due to close in the fourth quarter of calendar year 2021. Terms of the transaction are not disclosed.

SENER is a private engineering and technology group founded in 1956, which seeks to offer its clients the most advanced technological solutions and enjoys international recognition thanks to its independence and commitment to innovation and quality. SENER employs 2,350 professionals at its centers on five continents.

 

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