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SOLIZE Group Completes Acquisition of CSM Group in India and USA

Posted on Posted in C-suite, Work

PRESS RELEASE
SOLIZE Corporation
May 9, 2016

SOLIZE Group Completes Acquisition of CSM Group in India and USA

SOLIZE Group (Headquarters: Tokyo, Japan; President & CEO: Tatsunori Furukawa) acquired, on 6th May, the full ownership of CSM Software India Private Limited (Headquarters: Bangalore, India) and CSM Software USA LLC (Headquarters: Livonia, MI, USA), hereafter collectively referred as CSM Group.

CSM Group, established in 1992, is a leading Engineering Service Outsourcing (ESO) group and provides high technology engineering services globally in USA and Europe with a major engineering stronghold in Bangalore, India. Serving Automobile OEMs and Tier 1 Suppliers as well as Aerospace industries, CSM Group has specialty in product engineering such as Body-In-White, Passenger Cabin, Aircraft Structures, Fixture, etc and in analysis technology such as NVH, Durability, Crash, CFD, etc. CSM Group provides software distribution and maintenance services in India related to CAE and PLM to major companies in wide-ranged industries and public sectors.

SOLIZE Group is a leading engineering and consultancy group in the field of product development for various industries covering product design, analysis, prototyping and tooling. Having approximately 1,000 product design engineers for its major clients in Automobile industry, SOLIZE Group has been expanding its business in the area of 3D-CAD based product design and, recently with increasing development demand, of MBD (Model Based Development). SOLIZE Group is strongly leading Global Engineering Company strategy and now has its operations in Japan, China, India, UK and US. SOLIZE Group also emphasizes its mission of “Engineering Wisdom and Technology” and has inaugurated Global Engineering Centre – Yamato in Yamato-city, Kanagawa pref., Japan as the global stronghold of development of Technology and Engineer.

SOLIZE Group enters a new stage of growth through the acquisition and even more contributes to the client industries in the further buildup of global product development by wider coverage of global regions, through broad spectrum of technology and with highly professional engineers. The addition of CSM Group will provide SOLIZE Group with greater scale and more opportunities in the acceleration of multi-polarity of development support framework and of multi-nationality of engineers by integrating both groups’ technological competence and highly professional engineers, and will strengthen the company’s considerable technological capabilities and high-quality services.

SOLIZE Group will continue the growth of the global business towards the global clients’ expectations and satisfactions for the enhancement of product development and development framework.

About CSM Group
Name : CSM Software India Private Limited
Headquarters : Gayathri Lake Front, Survey No.118, Ring Road, Hebbal,
Bangalore – 560024, Karnataka, India
Major offices : India (Bangalore, Chennai, Delhi and Pune)
Germany, UK, Netherland, Sweden
Employees : Approximately 230
Business : Onsite ES, Offshore contracted engineering, Software distribution

Name : CSM Software USA LLC
Headquarters : 17177 N Laurel Park Dr, #434 Livonia, MI – 48152, USA
Employees : Approximately 50
Business : Onsite ES, Offshore ES

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