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 ISKO engineers introduces new shareholder

Based on the established, joint software development and the optimal complementary service portfolio, ISKO engineers AG (Munich) is intensifying its cooperation with CONTACT Software GmbH (Bremen). CONTACT Software participates in the ISKO engineers AG with a strategic investment and in this case acquires the majority of the shares (55%).

With this commitment, the companies develop valuable synergies from the combination of data and process management and simulation processes. This concerns the management and method consulting of both companies as well as the respective portfolio of software solutions and services.
In the sense of a strategy of continuity ISKO engineers AG continues as an independent company. The two ISKO founders Michael Krause and Michael Probst will remain to be shareholders and directors of ISKO and will continue to manage the operating business.

More than 100 employees at five locations work with passion at ISKO on challenging topics around simulation, method development, process optimization and software development. ISKO deliberately decided to further expand its portfolio with software-based optimization of its high quality engineering services and integrating modern methods or artificial intelligence (AI), data analytics or product connectivity including IoT with the help of CONACT Software solutions.

With 300 employees, CONTACT Software is the leading provider of solutions for the development and the operation of smart products. These products help to worldwide organize projects, execute processes reliably and cooperate more efficient on the basis of the virtual product models and digital twin.

The technological foundation for this is the CONTACT Elements platform, a flexible system of easily combinable, coordinated software components for solutions that support companies in their added value throughout the entire product life cycle.

The common goal is to face challenges of the virtual product development process with a unique combination of core competencies and inspire customers through software-based optimization of engineering services and new offerings for the digital transformation along the product life cycle together. Initial results of this partnership are already in place, for example, in the area of simulation management such as SIMuSPACE.

“With CONTACT, we have the ideal partner who fits in perfectly with our corporate culture and excellently complements our portfolio. Together, we combine decades of successful software development with decades of excellent computer-aided engineering, “says Michael Probst, CEO and shareholder of ISKO engieers AG.

Author

Dr. Bernhard Valnion, D1g1ital Agenda

Kati Zieger, Marketing Manager- ISKO engineers

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