CSM GmbH Becomes 100% Part of the Vector Group

Stuttgart and Filderstadt, July 2024 - As of July 01, 2024, the software specialist Vector Informatik takes over the measurement technology manufacturer CSM from Filderstadt completely. After years of successful cooperation between CSM Computer-Systeme-Messtechnik GmbH and Vector Informatik GmbH, CSM is now part of the Vector Group. Both companies have been working together since 2015 and supply their customers with comprehensive complete solutions comprising hardware and software for measurement technology applications. CSM will continue its business activities independently after the takeover at the headquarters in Filderstadt. As a leading manufacturer of distributed and robust measurement technology for vehicle development, CSM supports the successful transition to electric drive systems worldwide with its products. Since 1983, the owner-managed company has been developing innovative and reliable solutions for acquiring a wide range of analog values. More than 100 employees currently work on development, production and customer interfaces at the company headquarters in Filderstadt near Stuttgart and in international branches, including an independent team in Auburn Hills, USA. Important Step for the Future With the takeover, the long-standing partners Vector and CSM are ensuring that they can continue to offer their customers coordinated, innovative and all-in-one measurement technology solutions and drive forward new developments in the long term. After the leaving of the founding and managing director couple Iris and Dr. Winfried Koch, the employees will continue to have a sustainable workplace. Dr. Stefan Krauß, working at with Vector since 2002, has started his position as the new Managing Director at CSM on July 1, 2024 and is looking forward to the new tasks: "The many years of successful cooperation have shown that Vector and CSM can ideally combine their respective expertise to provide our customers with robust and future-proof measurement technology. We want to meet future challenges, especially in e-mobility, with further tailor-made developments." Combination of Hardware and Software Expertise With an annual turnover of 1.16 billion euros in 2023, Vector is one of the leading manufacturers for the development of software-based electronic systems. On the market for over 35 years, Vector employs over 4,500 people worldwide - at its headquarters in Stuttgart-Weilimdorf and in other branches in Brazil, the USA, the UK, Japan, India, China and South Korea, among others. Together with CSM's expertise in hardware measurement technology, products have been jointly developed over the years, including the Vector CSM e-mobility measurement system, a coordinated and integrated solution for a wide range of measurement tasks in vehicle development.

About Vector: Vector is the leading manufacturer of software tools and components for the development of software-based electronic systems and their networking. Vector knows the requirements of software and electronics development. And has done so for 35 years. As "simplifiers", Vectorians simplify the technology development of customers worldwide and thus contribute to their success. With modern solutions in the form of software tools, embedded software and cloud technologies. This is achieved above all through a passion for technology and the ambition to always deliver top performance. Vector worldwide currently employs more than 4,000 people with sales of EUR 1.16 billion in 2023. Vector is headquartered in Germany (Stuttgart) and has subsidiaries in Brazil, China, France, Great Britain, India, Italy, Japan, Austria, Romania, Sweden, South Korea, Spain and the USA. About CSM: CSM is a leading, highly innovative manufacturer of decentralized networked, robust measurement technology and data loggers for applications in vehicles and test benches. We have been setting technological standards in this field for over 40 years. Our products are successfully used worldwide by almost all manufacturers of passenger cars, commercial, agricultural, and material handling vehicles as well as their suppliers and service providers. Continuous innovation and long-term customer satisfaction are our guarantee for success. With our high-voltage safe measurement and Breakout Modules developed for fast and synchronous measurements on electric and hybrid vehicles, we are actively supporting our customers' transition to electromobility.