Founder and CEOPeter Schroer
MilestonesFounded 2000Partnered 2013Exited 2021 (Acquired by GI Partners)
Other InvestorsSilver LakeGoldman Sachs
Status - Exited
Open Source Product Lifecycle Management
Aras is a developer of a product lifecycle management (PLM) platform designed to improve the lifecycle processes of enterprises with complex products and procedures.
Aras’s platform combines enterprise open source technology with an advanced model-based service-oriented architecture to deliver a highly scalable, flexible and secure PLM suite. Aras’s platform has an open architecture that easily adapts to changing business practices, instead of forcing compromise to fit its software. The platform provides PLM solutions to support global product development, systems engineering, multi-site manufacturing, supply chain operations and quality compliance. This enables product teams within large enterprises to manage growing product complexity and fast-changing processes easily and efficiently.