Arena briefed LNS Research on September 20, 2016, to describe the company's focus on development and direction. Arena was founded in 2000, and has historically delivered a multi-tenant Software-as-a-Service (SaaS) Cloud PLM solution for the high-tech products market. As such, it has supported mechanical products but has been more focused on electronics. This focus has helped manufacturers developing high-tech products in medical devices, electronics and consumer products among others