UL Solutions Acquires Cimteq Limited
UL Solutions, a global leader in applied safety science, today announced its acquisition of Cimteq Limited (“Cimteq”), a leading design support and manufacturing software provider for the global wire and cable manufacturing industry based in the U.K.
The acquisition of Cimteq strengthens UL Solutions’ software capabilities to better serve small and large wire and cable customers across the product life cycle. Powered by state-of-the-art technology, Cimteq’s innovative enterprise-level software enables manufacturers across the globe to be more efficient through improved productivity and streamlining of product development and manufacturing processes.
Cimteq’s technology also helps simplify the complex management of cable design data, from the initial concept to delivering a full bill-of-materials directly to enterprise resource planning systems. With Cimteq software, UL Solutions is now able to provide wire and cable manufacturers tools to effectively plan, manage and control every aspect of the development and manufacturing process by utilizing the latest industrial Internet of Things (IoT) technology to optimize cable manufacturing operations.