September 15, 2014 6:52 AM ET

Software

Company Overview of Aras Corporation

Company Overview

Aras Corporation develops and delivers enterprise open source solutions. The company provides a range of PLM software solutions based on an enterprise application framework, a model-based service oriented architecture built on open Web standards for the development of flexible and supportable applications that deploy quickly and adapt easily to evolving business needs. It offers solutions for BOM, CAD file, configuration, document, engineering change, formula and recipe, product data and lifecycle, product analytics and costing, program, project, quote process, requirements, risk, supply chain, and tooling management; and environmental compliance, fashion and apparel, global product developm...

300 Brickstone Square

Suite 904

Andover, MA 01810-1492

United States

Founded in 2000

Phone:

978-691-8900

Fax:

978-794-9826

Key Executives for Aras Corporation

Co-Founder and Vice President of Engineering
Chief Financial Officer
Senior Vice President of Global Operations
Chief Architect
Compensation as of Fiscal Year 2014.

Aras Corporation Key Developments

Sinfonia Selects Aras Enterprise PLM to Standardize Product Development and Enhance Portfolio Management Across Multiple Regulated Industries

Aras Corporation announced that Sinfonia Technology Co. Ltd. has selected the Aras solution suite for enterprise PLM. The breadth and flexibility of the Aras Innovator® platform will help Sinfonia Technology standardize product development, and introduce and manage a wider portfolio of products as the company pursues a strategy of global growth in industries that increasingly impose new safety regulations on manufacturers, such as semiconductor equipment and transportation.

NuStar Technologies Pte Ltd Selects Aras for Enterprise PLM

Aras, announced that NuStar Technologies Pte Ltd, has selected the Aras solution suite for both enterprise PLM and quality management. The breadth, depth and flexibility of the Aras Innovator® platform will enable NuStar to re-imagine enterprise collaboration around product information to save money and resources while vastly speeding operations. NuStar will leverage Aras for customer needs management, product development, manufacturing and quality to streamline the process of sales order management through engineering and production. Leveraging expert consultation from Aras partner SolidCAD Technologies, NuStar will combine Aras solutions for BOM management, configuration management, engineering change management, CAD file management for SolidWorks, quality planning, and CAPA for good manufacturing practices to vastly improve enterprise collaboration.

Aras Appoints Martin Eigner to its Board of Advisors

Aras appointed Professor Dr.-Ing. Martin Eigner to the company’s Board of Advisors. Professor Eigner will work with Aras to build on the company’s track record of growth and global expansion, drive innovation in PLM technology, and foster a mutually beneficial, bi-directional relationship between commercial and university research. Professor Martin Eigner is an expert in Product Lifecycle Management and Model-Based Systems Engineering. Early is his career, Professor Eigner was head of Technical Data Processing in a division of Robert Bosch GmbH. In 2003 he founded EIGNER Engineering Consult.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 10, 2013
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