Dassault Systèmes Acquires SIMPACK
July 14, 2014

Dassault Systèmes Acquires SIMPACK

“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.”

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.