Dassault Systèmes (ENXTPA:DSY), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, acquired 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.
| Client: | FE-DESIGN Group |
| Industry: | Business Services |
| Assignment: | Sellside |
