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Camstar

Camstar Acquires SigmaQuest To Deliver Cloud-Based Supply Chain Intelligence

2010-07-23 18:24
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Acquisition Enables Global Manufacturers to Leverage the Cost and Agility of Global Supply Networks while Protecting their Brands and Ensuring Product Quality

CHARLOTTE, N.C.--(BUSINESS WIRE)--Camstar Systems, Inc. announced today that it has acquired SigmaQuest, a rapidly growing provider of SaaS (Software as a Service) Supply Chain Intelligence solutions. SigmaQuest serves the largest brands in the world in the High Tech/Electronics, Solar, Clean Tech, Medical Device and A&D industries. SigmaQuest SaaS products coupled with Camstar’s Enterprise Platform create the most comprehensive solution for advancing product quality across the extended supply chain.

“Global manufacturers and brand owners are wrestling with optimizing and leveraging the cost advantages of growing global supply networks while ensuring product quality to protect their brands,” said Scott Toney, President and CEO of Camstar. “With the acquisition of SigmaQuest, we are uniquely positioned to provide the service and technology for global manufacturers to have the transparency and collaboration required to efficiently manage their contract manufacturers and suppliers.”

“For the first time, a single platform will provide the ability to aggregate and contextualize data, provide actionable intelligence, and drive corrective and preventative actions to eliminate product quality issues at the source,” said Nader Fathi, CEO of SigmaQuest.

“Our research shows that diagnosing problems based on production data – and SOLVING them quickly – is a hot-button issue for manufacturers,” said Julie Fraser, Principal Industry Analyst at Cambashi, Inc. “With the acquisition of SigmaQuest, Camstar gains a unique ability to support companies in resolving or avoiding quality problems not only in their own facilities, but across the global value network. This combination of functionality could add significant value for customers of both product sets, and help Camstar continue its rapid growth as an enterprise manufacturing software player.”

“This acquisition makes perfect sense for Camstar’s solution portfolio to serve global brand owners like SanDisk,” said Didier Chavet, IT Sr. Director, JAPAC Operations for SanDisk. “These new tools will enable greater predictive quality to analyze incidents not only from your inner supply chain but also from your external supply chain - including suppliers and contract manufacturers.”

Camstar is acquiring SigmaQuest in its entirety. All employees will become part of Camstar, and SigmaQuest headquarters will merge with Camstar’s Silicon Valley location.

For press interview requests, please contact Camstar Public Relations at (704) 227-6628, or email pr@camstar.com.

For answers to frequently asked questions (FAQ) and to download the press kit, visit Camstar’s newsroom at www.camstar.com/newsroom.

About Camstar Systems, Inc.

Camstar is a leading innovator of software solutions that advance product quality in the manufacturing industry, enabling its customers to deliver the highest quality products on time, the first time, every time. The Camstar Enterprise Platform advances product quality throughout the product lifecycle, from design to planning to supply to manufacturing to customer product experience – all in a closed-loop learning process that allows future products to be designed better and manufacturing processes to be leaner and more efficient.

Camstar is the largest in its market, providing solutions for manufacturing execution, process planning, enterprise quality management and manufacturing intelligence. For over 20 years, Camstar has served hundreds of satisfied customers worldwide, including Abbott, AMD, Amkor, Arcelor, Beijing SE Potevio Mobile Communications, BIOTRONIK, Boston Scientific, Canadian Solar, CIBA Vision, Emcore, Hitachi, IBM, Intevac, Kodak, Life Technologies, Luvata, MiaSole, Noven Pharmaceutical, NXP, Q-Cells, Roche, SanDisk, Xilinx, Zeiss and ZOLL. For more information, visit www.camstar.com.

About SigmaQuest

SigmaQuest, Inc. is the product quality management on-demand leader. SigmaSure combines automatic factory floor and return center data collection with powerful root-cause analysis to enable customers to lower production costs and reduce product returns. SigmaQuest customers are leading brand owners and manufacturers in medical device, telecom, military and aerospace, consumer electronics and clean tech energy sectors. The company’s market-changing approach has been recognized in Managing Automation’s Top Ten Companies to Watch, Manufacturing Business Technology’s Top 40 Emerging Vendors, Test & Measurement World’s “Best in Test” awards, and Supply & Demand Chain Executive’s “Executive 100” list.

Contacts

Camstar Systems, Inc.
Dana Saylors, 704-227-6673
dsaylors@camstar.com