In line with its strategy to digitalise its services, GF Machining Solutions, a division of GF, has agreed to purchase 100 per cent of the shares of Symmedia GmbH, Bielefeld (Germany). The privately-owned company has been specialising in software for machine connectivity solutions for the past 20 years.
The secure interconnection of machines is the basis of the future development of industrial processes, commonly described as Industry 4.0. Symmedia has developed and offers these interconnections as a key aspect of factory digitalisation.
The software company was established in 1997 and employs 60 people. More than 15,000 machines in various industries worldwide have been equipped with its software. The company will continue to support and develop connectivity solutions for all types and all brands of machines and factory equipment. On top, GF Machining Solutions will use Symmedia technology to accelerate its digital transformation by offering complete solutions for factory connectivity in industrial environments.
Symmedia will continue to operate under its current management from its Bielefeld base. Both parties have agreed not to disclose any financial details.
GF Machining Solutions provides machine tools, automation solutions and customer services for the production of moulds, dies and high value-added metal parts. The division has R&D and manufacturing facilities in Switzerland, Sweden and China, and serves its customers through its own sales companies in more than 50 countries. www.symmedia.de