Dassault Systèmes acquires Simpack
July 22, 2014
By Manufacturing AUTOMATION
July 22, 2014 – Dassault Systèmes has announced the acquisition of Simpack, a Munich, Germany-based provider of multi-body simulation technologies and solutions.
With this acquisition, Dassault Systèmes is expanding its Simulia realistic multiphysics simulation technology portfolio to include multi-body mechatronic systems, from virtual concept validation to the real-time experience. Simpack has more than 130 customers in the energy, automotive and rail industries, including Alstom, Bombardier, BMW, Daimler, Honda, Jaguar Land Rover, MAN, and Vestas. The amount of the transaction was not disclosed.
“Today’s acquisition of Simpack, part of a larger, ongoing strategy to continually expand the 3Dexperience platform, enables a complete virtual and real product experience like never before,” said Bernard Charlès, president and CEO, Dassault Systèmes. “Consumers expect automobiles, aircraft and nearly all products to continually get smarter, safer, faster, quieter and more efficient. This means companies need to do more than engineer everything coming together — such as controls, movement, bending and noise. They need to experience their product as they create it.”
Dassault Systèmes entered into a definitive acquisition agreement with Simpack whereby Dassault Systèmes acquired the company in an all-cash transaction. This transaction was completed on July 10, 2014.