GI Partners to invest in Aras.

GI Partners, a private investment firm, agreed to invest in Aras, a resilient platform provider for digital industrial applications. Financial terms were not disclosed. "We believe the pace of digital transformation in manufacturing is just beginning to increase, and that Aras is uniquely positioned to deliver the next generation of platform-based applications for global companies. We are excited to partner with Peter and the management team to help further extend their cloud technology leadership, world-class support, and operations as the business scales. Our vision is to grow the company through investment in internal processes and innovation, both organic R&D and acquisitions," Travis Pearson, GI Partners Managing Director and Co-Head of Private Equity.