Aras Announces Minerva Merger for PLM Functionality
Minerva brings PLM functionality—built on the Aras platform—for medical devices and high-tech electronics companies.
January 11, 2022
Aras, which provides a low-code platform with applications to design, build and operate complex products, announces the merger of Minerva Group, an Aras Innovator PLM implementation partner. Minerva brings PLM functionality—built on the Aras platform—for medical devices and high-tech electronics companies. The company also brings vertical industry expertise in automotive, aerospace, defense and industrial equipment manufacturing, and will provide Aras with direct, local representation in the Nordic region and the Netherlands. The merger is effective immediately.
“We are excited to welcome the Minerva team to the Aras family, and to gain industry-specific applications for medical devices and electronics,” says Roque Martin, CEO of Aras. “As an integral part of our partner network for more than a decade, we believe that merging them into our business makes strategic sense and that together we are better able to solve the most complex digitalization challenges our customers face in engineering, manufacturing, and the supply chain.”
Minerva’s business-ready applications, built on the Aras platform, are specifically designed to achieve agility.
“Our business has been built on customer success through deep industry knowledge and technical skills, and our long-time partnership with Aras has enabled us to deliver unmatched value to customers,” says Asger Thierry, founder and CEO of Minerva Group. “Coming together with Aras will allow us to better serve companies worldwide and further accelerate our growth.”
“Minerva brings a wealth of industry knowledge and PLM domain expertise that Aras and its customers will be able to leverage from day one. Using Aras’ platform, Minerva has built comprehensive PLM solutions for FDA compliance and high-tech electronics contract manufacturing workflows,” says Peter Bilello, president and CEO of CIMdata. “These well-defined industry applications empower companies to deploy quickly, adapt easily, and scale rapidly.”
Sources: Press materials received from the company and additional information gleaned from the company’s website.