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New joint venture between Mitsubishi Electric Corporation and Visual Components to lead digital manufacturing into a new era

November 2, 2023

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Finnish based developer of 3D simulation software, Visual Components, today announces that following a long-term collaboration with Mitsubushi Electric Corporation (MELCO), the two companies are working together in a joint venture to establish a new company, ME Industrial Simulation Software Corporation.

During 2022 Visual Components has seen growth in turnover to 14.4M€ and an increased employee headcount by 25% to 128 employees. Visual Components’ robotics and automation simulation software offering is set to be a big step in Visual Components strategic aim to grow its presence in the APAC region and will compliment MELCO’s existing 3D simulation solution, MELSOFT Gemini, by strengthening and fastening it through deeper integration with MELCO’s existing factory automation software and programmable controllers (PLC).

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