Industrial design software giant Dassault Systèmes has agreed to acquire Exa Corporation, a provider of simulation software for product engineering.
Exa is based in Burlington, Massachusetts-based, and Dassault Systèmes is headquartered in France, and is now believed to be the one of the largest software companies in Europe by revenue.
Under the terms of the merger agreement, a subsidiary of Dassault Systèmes will commence a tender offer within the next 10 business days to acquire all of the issued and outstanding shares of Exa common stock for a price of $24.25 per share payable in cash upon completion of the offer. Continue reading Dassault Systèmes to acquire simulation software company Exa
There is apparently some variation in what we have described as “industrial design software”. Some might call the category “computer-aided design and engineering” software applications.
But almost everyone who knows even a little bit about the software tends to know that they are used in the design of physical objects, as in three-dimensional objects for the real world.
The reason why this distinction is worth making is that these days when you say “engineer”, more often than not, people might think you mean “software engineer”. Continue reading Top 10 industrial design software applications by install base