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UL Solutions Acquires UK Wire and Cable Manufacturing Software Firm Cimteq
Thursday 29 September 2022

US-based applied safety science company UL Solutions has acquired UK-based wire and cable manufacturing industry design support and manufacturing software provider Cimteq Ltd, the company said.

The acquisition of Cimteq strengthens UL Solutions' software capabilities to better serve small and large wire and cable customers across the product life cycle.

With Cimteq software, UL Solutions is now able to provide wire and cable manufacturers tools to effectively plan, manage and control every aspect of the development and manufacturing process by utilizing the latest industrial Internet of Things technology to optimize cable manufacturing operations.

Cimteq was co-founded in 1998 by software industry veterans Ali and Amanda Shehab and is headquartered in Wrexham, Wales, approximately 35 miles south of Liverpool in the United Kingdom.

In 2018, Cimteq received an equity investment from listed private equity and infrastructure investment manager, Foresight Group.

UL Solutions offers testing, inspection and certification services, together with software products and advisory offerings.
Date Published: 29/09/2022