Cimatron Limited (NASDAQ and TASE: CIMT) has been ranked as one of Israel's top 50 growing technology companies in 2011 in the Deloitte Technology Fast 50 Awards.
"It is uncommon to find a 30-year old company like Cimatron on the listing of the 50 fastest growing companies, and we are very proud of our achievement," said Danny Haran, Cimatron's CEO and President. "We hope to be able to continue to offer more value to both our customers and our shareholders through continued innovation and business development efforts."
The Deloitte Technology Fast 50 Awards rank the country's 50 fastest-growing technology companies based on percentage growth over five years. Cimatron's inclusion in the ranking was announced last week at the Fast 50 awards ceremony in Tel Aviv.
Over the past five years, Cimatron has seen a 68% increase in revenues through a combination of organic growth and M&A activities. The company has entrenched its presence in Europe through the acquisition of Microsystem in Italy and has expanded its global market presence and product offering through its merger with Gibbs & Associates, a U.S. company.
Popular Articles
- FARO and Autodesk Collaborate to Add Support for Point Cloud Data to AutoCAD 2011
- ESI Group acquires Efield, European specialist in electromagnetic virtual simulation solutions
- AVEVA and RIEGL Sign Interoperability Agreement
- Podcast Interview With 'Tintin' Visual Effects Luminary Now Online on Autodesk AREA
- AVEVA releases AVEVA Design Reuse
- Apache Design's Totem Software Adopted by Fujitsu Semiconductor for Power Noise and Reliability Analysis
- ETA releases PreSys R3 Service Pack
- FISHER/UNITECH Acquires SolidVision
- TurboViewer Pro Turns v2.0
- Aras Expands Global Headquarters for Growth and Announces Several New Job Openings
