Dassault Systèmes today announced the acquisition of SIMPACK, the technology leader in multi-body simulation technologies and solutions. With the acquisition of SIMPACK, based near Munich, Germany, 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.”
SIMPACK has demonstrated strong technology leadership, in particular through complex models, non-linear effects such as friction and flexible structures, efficient numerical algorithms, and real-time capabilities. SIMPACK is also synonymous with high quality, through its robust solutions in a wide range of applications and the deep simulation knowledge of their employees.
“SIMPACK is gaining market share today and it will be strengthened by its technological, commercial and operational synergies with Dassault Systèmes. SIMPACK has always provided product designers and consumers with a physical experience of a new product long before it comes into production. We have similar technology-driven cultures and a shared long-term commitment to scientific excellence,” said Alex Eichberger, Founder and CEO, SIMPACK. “We will join forces and technologies to provide superior virtual and physical experiences, expanding industry solution experiences for transportation & mobility, aerospace & defense, and other industries.”
With SIMPACK technologies enhancing the 3DEXPERIENCE platform, Dassault Systèmes will provide the leading integrated solution for end-to-end development of advanced systems, combining realistic multi-physics simulation, accurate real-time simulation of mechatronic assemblies, and control of smart systems.
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.
