Dassault Systèmes has entered into an agreement to acquire Computer Simulation Technology, a provider of electromagnetic and electronics simulation, for approximately €220 million.
With the acquisition of CST, based near Frankfurt, Germany, Dassault Systèmes will complement its industry solution experiences for realistic multiphysics simulation on the 3DExperience platform with full spectrum electromagnetic simulation.
CST’s Studio Suite software is used by designers and engineers at more than 2,000 leading companies in the high-tech, transportation and mobility, aerospace and defense, and energy industries to evaluate all types of electromagnetic effects during every stage of electronic system design processes.
Customers include Airbus Defence and Space, Bosch Group, Frauscher Sensor Technology and Sirona. CST’s 2015 revenue was about €47 million.
Bernard Charlès, vice chairman and CEO, Dassault Systèmes, says: “Electromagnetism is an essential part of a multiphysics simulation strategy for the development of smart and connected products, and IoT devices – from their complex design, to ensuring the performance, reliability and safety of their interactions with their surrounding environment.
“The acquisition of CST is part of our larger, ongoing mission to provide 3DExperience universes to explore, accelerate and experience innovation that will achieve a greater harmony between product, nature and life.”
Dr Bernhard Wagner, one of the Managing Directors of CST, says: “We know firsthand the formidable design hurdles our customers face today.
“Increasingly, multiphysics have to be addressed during the design process in order to develop the most robust products and systems. The 3DExperience platform is the ideal foundation upon which we can pursue our vision of combining our technologies to set the industry standard for realistic simulation and best meet our customers’ needs.”
