August 2nd 2010, London(UK) - Processia Solutions extends it’s European activities with the acquisition of IP3 Technologies Ltd
Processia Solutions is delighted to announce the acquisition of IP3 Technologies – a British PLM (product lifecycle management) implementation company who specialise in the optimisation of Design and Manufacturing using innovative CAD & CAM methodologies. Established in 2001, IP3 Technologies has a rich experience in the Motorsports, Automotive and Aerospace industries.
Processia Solutions cofounder and vice-president of business development, Vincent Fraser commented: “We have been working alongside IP3 Technologies on multiple occasions in the past and our complementary expertise driven by a common team spirit has resulted in successful customer projects. This new business relationship will create even more value for our customers and partners, as we will offer a wider spectrum of services enabling key initiatives such as innovation, cost reductions and time to market acceleration.”
IP3 Technologies founder and managing director, Paul Barker commented: “We have been very impressed by the Processia team we have worked alongside in the past. I believe our CAD/CAM and engineering process skills combined with Processia’s software development, PLM consulting and integration knowledge will benefit our current and future clients. I am happy to become part of the Processia group and lead the expansion in the UK marketplace.”
Based in Coventry, the UK organisation will offer the full spectrum of services you can expect from Processia: Full PLM Implementation services, software development services and CAD/CAM specialised services.
The full integration of IP3 Technologies in Processia will be completed by end of September 2010.