PeakAvenue strengthens its position as industry leader within the Engineering & Quality Management software market through the acquisition of Isograph.
We are pleased to announce that PeakAvenue has strengthened its position as an industry leader in the engineering and quality management software market with the acquisition of Isograph.
Established in 1986, Isographs’ comprehensive product suite comprises a broad range of reliability, availability, maintainability and safety (RAMS) solutions, being the go-to-vendor for Fault Tree software for blue chip clients around the world.
Ulrich Mangold, CEO of PeakAvenue: “We are happy to welcome Isograph as our new member in the PeakAvenue team. The market is – driven by disruptive technologies in many verticals – urging for strong Functional Safety solutions. Our customers will be strongly benefiting from this combined software solution covering the entire quality centric digital thread. This is an important milestone on our path to become the leading software provider for end-to-end engineering and quality management system.”
The combination of PeakAvenue and Isograph adds Isograph's proficiency in functional safety and security analysis and adds another component to PeakAvenue’s highly integrated and cloud-based software suite along the entire “Digital Thread” – from the product idea to the end of the product lifecycle. PeakAvenue now combines more than 30 years of profound experience in virtually all areas of the quality centric product lifecycle and engineering process. The merger adds cross-selling potential due to complementary strength in different verticals and regions.
The company has offices near Manchester (Warrington), UK and Salt Lake City, Utah, USA. Isograph's software is used by over 1,900 clients with a strong footprint in the UK, USA, Germany, and Australia. Customers are from various verticals (Aerospace, Semi-Conductors, Energy, Defence, Automotive, Transportation, Medical, and Telecommunications, amongst others).
We meet the various changes with consistency covering today’s product portfolio, contracts and go-to persons. We are happy to inform you with this newsletter about our new development and are always available for further talks to discuss the strategy and consequences in more detail.
