A2MAC1 has signed a binding agreement to acquire Tset, a Vienna-based provider of advanced cost engineering software for automotive and manufacturing. The deal, expected to close in the third quarter of 2026 pending regulatory approvals, will combine A2MAC1’s benchmarking and costing data platform with Tset’s cloud-native costing and simulation platform to create a unified Costing Intelligence offering. A2MAC1 CEO Patrick Katenkamp said the acquisition is a key milestone in the company’s strategy to become the leading AI-powered Costing Intelligence platform, while Tset Co-Founder and CEO Sasan Hashemi noted that joining A2MAC1 will deliver a more integrated, scalable approach to modern cost engineering challenges. The combined platform aims to provide a single source of truth for cost insights, automate complex costing at scale, and integrate benchmark data directly into customers’ proprietary costing structures.
A2MAC1 acquires Tset to combine benchmarking data with AI-powered costing simulation, enhancing its platform.
Tset is acquired by A2MAC1, integrating its cloud-native costing software into a larger platform.