Aegis Software completes acquisition of Simio

Aegis Software, a global provider of manufacturing execution and operations software for diverse manufacturing industries, completed the acquisition of Simio, a leading provider of Digital Twin Simulation software and Advanced Planning and Scheduling (APS) to an attractive and resilient set of end-markets. Together, manufacturing operations software powered by glass-box digital twin simulation gives manufacturers command of what happened, what is happening, and what will happen.

Simio has built a reputation as a pioneer in the Simulation and APS spaces, with its use of digital twin processing to help customers gain valuable, real-time insights into their most complex, mission-critical operational workflows. Simio has become a standardized, best-in-class tool for industrial engineers and is uniquely part of the curriculum at more than 500 higher education institutions around the world ensuring that future manufacturing and operations professionals enter the workforce with hands on experience using modern digital twin, simulation, and APS technologies.

“We're excited to join forces with Simio, expanding our 30-year legacy of pioneering MES software innovation,” says Jason Spera, co-founder and CEO of Aegis. “This acquisition unites cutting-edge solutions under one platform, empowering customers to make mission-critical decisions via access to end-to-end support throughout the manufacturing process. We’re grateful to our employees, customers and partners for supporting us through this next chapter of growth.”

“Aegis’ acquisition of Simio enhances the combined company’s ability to serve customers with a differentiated and comprehensive suite of integrated manufacturing solutions, coupled with industry leading simulation and advanced planning and scheduling capabilities,” says Preston Thomas, managing director of Peak Rock and board member of Aegis. “We're confident that this combination will help Aegis grow its solutions to serve over 2,200 factories in their critical operations.”

“The Simio team and I have built and refined a differentiated software solution to optimize our customers' manufacturing operations,” says Dennis Pegden, founder of Simio. “Our team is proud of the success it has achieved to date and believes that Aegis is the ideal partner as we undertake the next stage of growth. I am thrilled to continue as a shareholder in the Company.”

“We look forward to partnering with the combined company to achieve its ambitious growth plan and will continue to pursue strategic acquisitions that expand Aegis’ capabilities and product breadth,” says Jared Mason, managing director at Peak Rock and board member of Aegis.