Germany headquartered MHP, in which Porsche holds an 81.8% stake, entered into its first global partnership with Hyderabad, India-based design automation startup Invilogic Software and its German arm, ENIT Invilogic GmbH.
The partnership will help integrate design automation technology to automate product development with a seamless integration into Computer Aided Design, Product Lifecycle Management and Enterprise IT tools, reports the Times of India.
Michael Kirchgassner, head of R&D transformation at MHP said, “We believe Invilogic’s design automation capabilities, both in India and Germany, will complement our growth and customer consulting strategy across markets and industries.”
Siddharth Durairajan, CEO, Invilogic Software, said that the company had invested $1.5 million on product development programs in India in the last 36 months, and will continue to invest in growing its software services research and development capabilities in Hyderabad, Bangalore, Pune and Germany. Currently, the company has a portfolio of 38 products and aims to add 10 more in the next 2 years.
