CMS has advised ABB on its investment in Engineering Software Steyr.
The parties did not disclose any financial details.
ABB engages in the development and provision of power and automation technologies.
Engineering Software Steyr is an Austrian-based provider of precision paint shop simulation software. According to CMs, the collaboration aims to develop powerful simulation tools to transform automotive paint shop operations, potentially reducing costs by up to 30%.
The CMS team included Partner Alexander Rakosi, Attorney at Law Marie-Christine Lidl, and Associate Rebecca Herlitz.
CMS did not respond to our inquiry on the matter.
