Good news ! Airbus plans to sell CIMPA. Bad news ! Airbus is selling CIMPA. The Company (CIMPA, a subsidiary of Airbus Group) deals primarily with Product Lifecycle Management (PLM) , helping companies centrally manage the complex process of product development and also the storage of product data. All of this is achieved mostly through the development of PLM software.
The old saying that goes – bad news is good news is true not only in the sense that the worst of Natural Disasters, Murders and undetected sexual crimes make the best headlines. It is also true that these bad news bring an amount of joy to a few individuals. Two examples (or one, if you take the second to be an implication of the other):
1. Hitler is defeated.
2. The war had ended.
If you’ve seen Nicolas Cage in Lord of War, you’ll know that, that second example will be very bad news to the ‘Yuri Orlov’ character he plays. He profits from war – mass killings of people, pestilence and perpetual chaos is good for business, but I’m not a moral relativist nor a Pacifist.
So, good news, Airbus is selling CIMPA, as it no longer sees the company as a strategic entity in its future operations, though it made it 100 million euros last year, in the future it might become a liability and no longer an asset, so it is a good idea to cash in while the going is good. CIMPA will be bought by someone who must see the company as a strategic asset, one man’s meat right. Not much else is known about why Airbus Group is selling. The 2 possible buyers as reported here are IRDI and ACE Management. Continue reading