Strategic move focuses core portfolio on functional performance simulation, test-based solutions and related engineering services
LMS International has sold its subsidiary Noesis Solutions N.V. and the OPTIMUS product line to Cybernet Systems. This move by LMS further focuses key resources on meeting customer demands for LMS' innovative engineering solutions and its flagship platforms: LMS Test.Lab, LMS Virtual.Lab and LMS Imagine.Lab.
Dr. Urbain Vandeurzen, Chairman and CEO of LMS International: ''Today, with the sale of Noesis, LMS strengthens its commitment to innovate its core products and engineering services to help support our major aerospace, automotive and other leading manufacturing customers. This strategic move will allow LMS to accelerate its vision and concentrate our forward strategy on the paradigm shift in our core business. Our partners in automotive, aerospace and other mechanical industries need us to focus our energy on innovative solutions and services for hybrid engineering and the next revolution: model-based systems engineering.''
LMS customers will continue to have access to the industry-leading optimization technologies developed by Cybernet Systems and Noesis as part of the LMS Virtual.Lab and LMS Imagine.Lab platforms. LMS has formalized an R&D agreement with Cybernet/Noesis to integrate future updates of OPTIMUS technology in these two flagship LMS simulation platforms. Current users of OPTIMUS will benefit from seamless support from the global LMS sales operation. In 2011, Cybernet/Noesis will continue to expand the OPTIMUS customer base.
About the NOESIS history
In 2003, LMS created a separate company, Noesis Solutions, to develop and market its leading process integration and optimization product, OPTIMUS, to a wider spectrum of customers outside its core client base in the mechanical industries. Over the past years, the OPTIMUS product has been successfully promoted in a variety of other industries, such as electronics, telecom, and process industries via both LMS sales office and independent distributors. Of these independent distributors, Cybernet Systems in Japan has been the most important. In a strategic move for both companies, Noesis and OPTIMUS will now fly under the Cybernet Systems banner.
