Milton Keynes, United Kingdom, August 1st, 2017
Intrinsys is pleased to announce that the close relationship it has enjoyed with Addnode over the last 7 years has taken a significant step forward with Intrinsys now joining the Addnode PLM Business Division.
Completed on 1st August 2017, the acquisition of both the UK and South African operation will strengthen the position of the two operations by combining the sales and technical skills, whilst exploiting the respective leadership positions held by both.
Intrinsys, as part of the Addnode PLM Business Division, will now join the other group companies in Austria, Denmark, Finland, Germany, India, Norway, Slovakia, Serbia, Sweden and the USA which includes TechniaTranscat. The move is a major step for Addnode as it continues its journey to be the first truly global PLM Systems Integrator.
The Addnode PLM Business Division will after the acquisition of Intrinsys have 600 employees with combined net sales of nearly £90m. Intrinsys will be able to offer a unique and unmatched service across all operations via access to wider skills and capacity across the group. The business will also benefit from software products that Addnode have developed that support the 3DEXPERIENCE platform, extending its functionality and capability.
The Intrinsys team will remain unchanged and day to day operations will continue. The Intrinsys team will be contacting customers over the coming weeks to discuss the announcement in more detail and answer any questions that you may have regarding the exciting future and the benefits that the Addnode Group can offer your business in the future.