Arena Solutions Acquires Omnify Software
Arena Solutions will maintain support for Omnify’s family of products while leveraging the combined experience of both companies to accelerate development of future products and provide a path forward for the combined customer base.
November 12, 2018
Arena Solutions, cloud-based product realization platform for complex electronics and medical device companies, has acquired Omnify Software, a provider of Product Lifecycle Management (PLM) software for discrete manufacturers.
Omnify is based in Andover, MA, with a large customer base in the electronics, medical devices, aerospace and defense, and telecommunications markets. Its experienced staff, products and customers build on Arena’s leadership in developing comprehensive cloud-based software that increases the success of new product development (NPD) and new product introduction (NPI) processes to reduce costs and risks and improve profitability.
“Both Arena and Omnify share a long history of success in the PLM market with a strong customer orientation and a vision to help companies achieve their manufacturing goals,” says Arena CEO Craig Livingston.
“While we have been a very profitable company for many years, we recognize the need to accelerate our growth and respond to market conditions,” says Omnify Software President Chuck Cimalore.
Omnify’s employees will continue to work with customers from the company’s Andover office. Arena Solutions will maintain support for Omnify’s family of products while leveraging the combined experience of both companies to accelerate development of future products and provide a path forward for the combined customer base.
The Omnify acquisition comes as Arena continues to experience rapid growth in the internet of things and medical device markets. It recently expanded its offices into Austin, TX, and Suzhou, China. Customers like Nutanix, Enphase Energy, Bio-Rad, Kymeta and GoPro use Arena to speed innovation and delivery of high-quality products to market.
Sources: Press materials received from the company.
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