Arena Solutions announced this week CEO Michael Topolovac is resigning from his post and will be replaced by former Agile GM Craig Livingston.
Topolovac, who co-founded the software company with Eric Larkin, will remain active within the company on its Board of Directors. The announcement has raised speculation that Arena may be preparing to enter the mergers and acquisitions market. Agile was acquired by Oracle in April 2007.
While at SolidWorks World 2008 in San Diego, Arena, which delivers hosted PLM software tools, announced an intention to deliver an integrated PLM product that will support SolidWorks 2009 and PDMWorks Enterprise. Arena PLM currently works with SolidWorks CAD and engineering data via an integration with PDMWorks Workgroup. The new integration will allow more enterprise-wide engineering data from SolidWorks to be handled in a single central repository via Arena’s hosted on-demand PLM software.
Arena’s hosted PLM software provides PLM tools via an online hosted system. Prices start at $400 per user, per year for the read-only version and up to $1,600 per user, per year for the full version. The company claims it has more than 15,000 users.