On April 10, 2018, Komatsu Forest (President & CEO: Mitsuru Ueno) acquired Oryx Simulations (CEO: Rami Morssy), a company based in Umeå, Sweden.
Komatsu Forest and Oryx Simulation share a long history. During the 1990s a project was started by Komatsu Forest and Umeå University that was the starting point for Oryx Simulations. During the years Komatsu Forest has been a customer to the company. Today Komatsu Forest sells simulators, developed by Oryx Simulations, all over the world. Now the cooperation is further deepened when Komatsu Forest acquires the company.
“Oryx Simulations is a very interesting company that we have had the opportunity to follow closely as a customer. They are a cutting-edge technology company in their industry and the simulators they develop have received very good response among their users due to their high fidelity and lifelike graphics. Training is significantly facilitated by these simulators and we see that Oryx Simulations has a great potential for further growth”, says Annelie Persson, Press Officer Komatsu Forest.
After the acquisition Oryx Simulations will continue their business as usual as an independent company and the customers will not experience any changes. Both companies consider it a very important part of the acquisition that Oryx Simulations maintains its independence and integrity for continued trust among its customers. “It’s an honour to get this confirmation by a major customer, that they are paying attention to our technology and wants to own us,” Rami Morssy, CEO Oryx Simulations says. “It is also very positive that Komatsu Forest cares that we increase growth and keep our independence and business as usual,” Morssy concludes.
Oryx Simulations
Oryx Simulations is a Swedish company and world leader in simulator systems for heavy-vehicle applications. They are active on a global market. The headquarter is in Umeå, Sweden. CEO of the company is Rami Morssy.
