Dassault Systèmes (DS) and Engineous Software, a market leader in process automation, integration, and optimization, today announced an agreement in which DS would acquire Engineous Software. DS will incorporate Engineous’ process automation, integration, and optimization capabilities into their SIMULIA Simulation Lifecycle Management (SLM) solution suite. The proposed acquisition at an estimated price of 40 million USD, should be completed before the end of July subject to specific closing conditions.
Engineous’ FIPER software is designed to enable organizations to access, execute, and reuse design simulation tools and processes. Engineous customers include: Boeing, General Motors, Nissan, Procter & Gamble, Caterpillar, Canon, Rolls Royce, United Technologies, General Electric, Samsung and Toyota.
The acquisition of Engineous continues the DS’ drive to develop a comprehensive SLM suite that effectively complements their CATIA-based design solutions. The Engineous products will be incorporated as part of DS’ V6 PLM 2.0 platform and will be managed as an integral component of the overall environment. This acquisition should improve their competitiveness in the simulation and analysis arena.
