Digitalization in mechanical engineering
Encoway acquires majority stake in Logicline
In mid-March, the Lenze subsidiary Encoway acquired a majority stake in the Sindelfingen-based software company Logicline, thereby expanding its solution expertise in the areas of cloud and mobile.
Encoway specializes in software for the intelligent marketing of modular products. These so-called "CPQ" solutions for product configuration and quotation generation aim to increase efficiency in sales and marketing for mechanical engineering companies, their suppliers and related industries. Logicline, on the other hand, develops software solutions for the digitalization of sales, marketing and service processes as well as the Internet of Things. The 30-strong team of software experts develops enterprise cloud applications, mobile apps and IoT solutions based on modern platforms such as Salesforce and Heroku.
"The investment in Logicline is an important part of our growth strategy and enables us to further expand our market position," says Christoph Ranze, founder and CEO of Encoway. "We have had very well-developed SAP expertise for many years and Logicline now gives us excellent access to the Salesforce ecosystem. With our solutions, we now offer our customers software and services for the digitalization of all value-added processes from a single source."
The previous co-shareholder and Managing Director Edgar Schüber will remain on board at Logicline.
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