Dassault Systems has acquired Germany-based FE-DESIGN group. According to Dassault, the acquisition expands its SIMULIA applications to provide improved design optimization. With more than 200 global product manufacturer customers, including General Motors, BMW, SIEMENS, and Suzlon, FE-DESIGN provides non-parametric optimization solutions in both the structural and fluids-based domains. The amount of the transaction, which was completed on April 23, 2013, was not disclosed.
"We have been working closely with Dassault Systems for more than 10 years and recognize the business benefits our customers will immediately gain through their global support organization and more over time with their enterprise collaboration environment and advanced technologies for 3D modeling and realistic simulation," said Jurgen Sauter, founder and CEO of FE-DESIGN. As a strategic asset of Dassault Systemes we will be able to significantly help our customers better use their products throughout their organizations."
For more information, visit Dassault Systems and FE-DESIGN.
Sources: Press materials received from the company and additional information gleaned from the company's website.