PITTSBURGH, July 11, 2017 /PRNewswire/ -- ANSYS (NASDAQ:
ANSS), the global leader and innovator of engineering simulation
software, announced today that it has acquired Computational
Engineering International, Inc. (CEI), the developer of a suite of
products that helps engineers and scientists analyze, visualize and
communicate simulation data. Terms of the deal, which closed
earlier this month, were not disclosed.
The merger of the physical and digital worlds is resulting in
products that were once unimaginable, and companies are faced with
an overwhelming number of design decisions compared to previous
product generations. That is something only engineering simulation
can feasibly provide in a timely and cost-effective fashion. Users
need to quickly analyze the immense amount of data that simulation
generates to make the right engineering and business decisions. By
bringing together the world leader in engineering simulation with
the top simulation visualization tool, ANSYS is offering the
industry new insight as companies increasingly rely on simulation
to develop tomorrow's products.
Headquartered in Apex, North
Carolina, CEI has 28 employees and more than 750 customers
around the world. Its flagship product, EnSight, is the premier
solution for analyzing, visualizing and communicating simulation
data.
"CEI has a long track record of success thanks to fantastic
technology built by a world-class team," said Mark Hindsbo, ANSYS
vice president and general manager. "By bringing CEI's leading
visualization tools into the ANSYS portfolio, customers will be
able to make better engineering and business decisions, leading to
even more amazing products in the future."
"We've worked with ANSYS informally for years, but now are
thrilled to become part of this great company," said Anders Grimsrud, CEI president. "Joining ANSYS
will give our customers access to the best engineering simulation
technology on the planet, and EnSight will help ANSYS users make
faster, smarter decisions. It's a win-win."
Additional information will be provided on the ANSYS Q2 earnings
conference call.
About ANSYS, Inc.
If you've ever seen a rocket launch,
flown on an airplane, driven a car, used a computer, touched a
mobile device, crossed a bridge, or put on wearable technology,
chances are you've used a product where ANSYS software played a
critical role in its creation. ANSYS is the global leader in
engineering simulation. We help the world's most innovative
companies deliver radically better products to their customers. By
offering the best and broadest portfolio of engineering simulation
software, we help them solve the most complex design challenges and
create products limited only by imagination. Founded in 1970,
ANSYS employs thousands of professionals, many of whom are expert
M.S. and Ph.D.-level engineers in finite element analysis,
computational fluid dynamics, electronics, semiconductors, embedded
software and design optimization. Headquartered south of
Pittsburgh, Pennsylvania, U.S.A.,
ANSYS has more than 75 strategic sales locations throughout the
world with a network of channel partners in 40+ countries. Visit
www.ansys.com for more information.
To join the simulation conversation, please visit:
www.ansys.com/Social@ANSYS
ANSYS and any and all ANSYS, Inc. brand, product, service and
feature names, logos and slogans are registered trademarks or
trademarks of ANSYS, Inc. or its subsidiaries in the United States or other
countries. All other brand, product, service and
feature names or trademarks are the property of their respective
owners.
Contact
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Media
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Tom
Smithyman
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724.820.4340
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tom.smithyman@ansys.com
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Investors
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Annette
Arribas
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724.820.3700
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annette.arribas@ansys.com
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SOURCE ANSYS, Inc.