VÉLIZY-VILLACOUBLAY, France--(BUSINESS WIRE)--Regulatory News:
Dassault Systèmes (Paris:DSY) (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today announced the acquisition of FE-DESIGN Group, a leader in design optimization for early-stage product development. The acquisition of FE-DESIGN, based in Karlsruhe, Germany, expands Dassault Systèmes’ SIMULIA applications to provide the most complete design optimization solution on the market. With more than 200 global product manufacturer customers, including General Motors, BMW, SIEMENS, and Suzlon, FE-DESIGN is the technology leader for non-parametric optimization solutions in both the structural and fluids-based domains. The amount of the transaction was not disclosed.
“Design optimization is a complex way of saying ‘finding the right design’ for business, for customers, and for the world. The 3DEXPERIENCE platform is all about optimizing a company’s business and the products it offers. This is why FE-DESIGN is such a good fit for Dassault Systèmes,” said Bernard Charlès, President and CEO, Dassault Systèmes. “Is it what customers want? Can we produce it quickly and effectively? And, is it right for a sustainable future? These are the questions industry must ask to harmonize products, nature and life. And these are the questions our 3DEXPERIENCE platform answers.”
In a rapidly growing market, design exploration and optimization techniques are becoming essential to balance the demands of product performance against resource efficiency and time to market constraints. FE-DESIGN’s products will enhance Dassault Systèmes’ 3DEXPERIENCE platform and its ability to automate the process of simulating the right design more quickly and more efficiently.
“We have been working closely with Dassault Systèmes 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 Dr. Jürgen Sauter, Founder and CEO, FE-Design. “As a strategic asset of Dassault Systèmes we will be able to significantly help our customers better use our products throughout their organizations.”
This transaction was completed on April 23, 2013.
About FE-DESIGN
FE-DESIGN is a technology-driven software company and professional engineering service provider operating in the field of virtual product development for many years. Providing sophisticated simulation, optimization, and automation solutions, as well as related engineering services, FE-DESIGN supports its customers in all steps of the product development process – from concept design up to the maturity phase, helping them launch competitive products in a shorter time. FE-DESIGN develops TOSCA Structure and TOSCA Fluid, two leading optimization technologies for both FEM and CFD simulations. For more information, visit http://www.fe-design.com.
About Dassault Systèmes
Dassault Systèmes, the 3DEXPERIENCE Company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. Dassault Systèmes’ collaborative solutions foster social innovation, expanding possibilities for the virtual world to improve the real world. The group brings value to over 170,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com.
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