Dassault Systèmes acquires Engineering Software Company – SFE
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE
Dassault Systèmes has reportedly announced acquisition of SFE GmbH. The addition of SFE's technology to the 3DEXPERIENCE platform enhances Dassault Systèmes' transportation and mobility industry solution experiences, such as "Target Zero Defect". This acquisition expands its CATIA and SIMULIA applications, bringing to the market an innovative technology for seamless transitions, from early conceptual engineering and performance optimization to detailed body design. The amount of the transaction was not disclosed.
"The combined SFE and Dassault Systèmes 3DEXPERIENCE platform capabilities will lead to complete coverage of the entire value chain for the transportation and mobility industry. From quick modelling to post-processing analysis, to product performance simulation and shape optimization, the full design process is integrated. I see numerous places where this capability can bring value to other industries, not just transportation and mobility," said Bernard Charlès, President & CEO, Dassault Systèmes.
"This is an exciting development for SFE and its customers and partners. We have worked closely with Dassault Systèmes over the past few years and we have seen firsthand its passion for its customers, as well as its vision for harmonizing products and how they are experienced in the real world. SFE's customers will receive significant value through Dassault Systèmes' global support organization and well-recognized commitment to research and development," said Hans Zimmer, CEO & Founder, SFE GmbH.
The transaction includes the purchase of SFE GmbH, its various products, SFE CONCEPT.......See More
"The combined SFE and Dassault Systèmes 3DEXPERIENCE platform capabilities will lead to complete coverage of the entire value chain for the transportation and mobility industry. From quick modelling to post-processing analysis, to product performance simulation and shape optimization, the full design process is integrated. I see numerous places where this capability can bring value to other industries, not just transportation and mobility," said Bernard Charlès, President & CEO, Dassault Systèmes.
"This is an exciting development for SFE and its customers and partners. We have worked closely with Dassault Systèmes over the past few years and we have seen firsthand its passion for its customers, as well as its vision for harmonizing products and how they are experienced in the real world. SFE's customers will receive significant value through Dassault Systèmes' global support organization and well-recognized commitment to research and development," said Hans Zimmer, CEO & Founder, SFE GmbH.
The transaction includes the purchase of SFE GmbH, its various products, SFE CONCEPT.......See More