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Zero Wait-State Acquires PMware Technology to Transform Product Portfolio Management in PLM
PMware co-founder and CEO Dave Gawlik and co-founder and CTO Franck Fauvel will join Zero Wait-State's leadership team. Dave will assume the role of Chief Revenue Officer and Franck will become the Vice President of Product Development for PPM.
AUSTIN, TEXAS / ACCESS Newswire / April 30, 2025 / Zero Wait-State Inc. (ZWS), a leader in Product Lifecycle Management (PLM) solutions, today announced the acquisition of PMware Technology, an advanced comprehensive Project Portfolio Management (PPM) technology. This acquisition will enhance Zero Wait-State's product and solution offerings by incorporating PMware's powerful capabilities in project management, resource optimization, and streamlined product development processes into leading PLM platforms like Oracle, Propel and PTC's Windchill.
CEO of Zero Wait-State Stephen Porter stated, "The acquisition of PMware not only strengthens our existing PLM capabilities but also gives us the tools to offer a more comprehensive solution for companies looking to accelerate innovation while ensuring the highest standards of quality and cost management. This technology fills a long-standing gap in the PLM space by offering significantly more capability around successfully executing product development projects. We have been familiar with PMware for several years and were impressed with its capabilities. The opportunity to acquire this application and integrate it with our PLM solutions is very exciting."
Dave Gawlik, Chief Revenue Officer at Zero Wait-State, commented, "We are very excited about joining ZWS. We have an incredible opportunity to impact the PLM industry by providing advanced PPM capabilities."
Franck Fauvel, co-founder of PMware and new Vice President of Product Development for PPM at Zero Wait-State, added, "The combined strength of PMware and Zero Wait-State creates a unique opportunity to provide a truly integrated approach to PLM and PPM. Together, we can fundamentally change how companies manage their product portfolios, ultimately helping them innovate faster, improve quality, and reduce costs."
About PMware
PMware Technology LLC ("PMware") is a flexible, robust, and comprehensive Project, Portfolio, and Resource Management (PPM) solution designed to accelerate time to market, increase revenues, and improve profitability for engineering, product development, research and development, IT and other project-focused organizations.
PMware Technology has over 250 man years of development and leverages technology originally developed by Intersect Software Corporation (ISC). ISC was a venture-backed technology company with over $50 million in R&D investment from top-tier investors, including Bessemer Ventures, Columbia Capital, Blue Stream Ventures and private investors. This substantial backing allowed Intersect to develop a sophisticated PPM solution that is now a cornerstone of PMware's offering, helping organizations optimize their product development and resource management processes.
About Zero Wait-State
Zero Wait-State (ZWS) is a leading provider of industrial innovation solutions that optimize Product Lifecycle Management (PLM) and Project Portfolio Management (PPM). ZWS helps companies better integrate design data into product development and supply chain operations - accelerating innovation, driving revenue growth, and reducing NPI costs. ZWS products, including internally developed applications, coupled with expert consulting services, offer extensive capabilities for PLM implementation, engineering integration, and data migration. For more information, visit www.zerowait-state.com.
Contact Information
Stephen Porter
CEO
[email protected]
512-732-0721
SOURCE: Zero Wait-State Inc. (ZWS)
View the original press release on ACCESS Newswire
S.Gregor--AMWN