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Sep 22, 2009

MAXSOFT partners with IPETRONIK, Germany and launches new Instrumentation division “IPETRONIK”

Bangalore : MAXrad SOFTware (India) Pvt Ltd., a CAE solutions provider based out of Bangalore and having branch offices in Pune & New Delhi, focused on the Automotive, Aerospace & Defense applications today announced the launch of its new division IPETRONIK-a dedicated DAQ Centre. The new division will operate from Maxsoft’s Bangalore office. The addition of this new division marks the continued expansion for Maxsoft in Bangalore, the region it has been serving in CAE field for the past 4 years.

IPETRONIK is based at Baden-Baden, Germany and is a leading global solutions provider for the Automotive DAQs. It serves well known automotive giants like BMW, Volkswagon, Diamler, Audi & others. Most of its solutions are remarkably positioned in the respective application spaces and it has generated a business value of over 35million USD in the year 2008 and is expanding aggressively. It has a chain of partners across the globe and through which it meets the customer requirements very well.

IPETRONIK and MAXSOFT agreed a long-term relationship providing state of the art products and services in India. Long-term contracts have been signed already. For 2010, a Joint Venture company at the locations Bangalore, Pune and Delhi is planned.

Speaking on this occasion Mr. Rajeev Gopalakrishnan, CEO, MAXSOFT said “The new partnership with ‘IPETRONIK’ is quite remarkable to us in a sense that we already are meeting Indian Automotive client simulation requirements and now are now supporting them with the DAQ solutions and it makes us meet their requirements on a broader perspective. Our range of products was only limited to simulation products which could be used during their Design stage requirements and now we extend it by supporting their Prototype testing requirements as well with the help of these solutions”

Andreas Wockie, CEO , IPETRONIK Gmbh said, “We are more than pleased to start with MAXrad Software a trustful and longterm partnership for our valuable customers in INDIA. We also have in planning to found a common Joint venture soon to have a stable and longtern fundament for our INDIAN customers.”